Welsh international Blake, a hero for the Wanderers during their 1997 Division One title success is without a club having left relegated Wolves at the end of last season and states that he will not drop into the lower reaches of league football.
"I don't mean to be disrespectful to any club but I don't want to play in the lower leagues, If I continue playing I want to play in Division One or higher - and at a Division One club challenging for promotion. At this stage of my career I don't want to be in a struggling side." Blake told the Welsh press this week
The prolific striker says that offers have come his way since his departure from Molineux two months ago and feels that he still has a couple more years of top flight football left in him however he says that if nothing can be agreed soon he will contemplate leaving the game for good to concentrate on his business interests.
"I've had one or two opportunities to continue but nothing concrete. If I carry on playing then it'll probably be my last stand as I feel I've got two years left in me.
"But if no clubs show an interest then I'll retire, it's as simple as that. I'm not the kind of person to hang around and wait for something to happen. Hanging up the boots is a little premature but I don't want to start dropping down the divisions. I have a few business interests outside of football so I have no financial worries."
The 32-year old looked back on his career with fondess, a career which began in West London as a trainee with Chelsea thereafter moving back to his hometown club Cardiff City who gave him his first taste of league football. His goalscoring exploits in South Wales including a fine goal in the Bluebirds 1994 FA Cup success over Manchester City alerted him to the attention of the bigger clubs and Dave Bassett then the manager of struggling Premiership side Sheffield United took him to Yorkshire but sadly he was unable to keep the Blades in the top division moving onto Bolton just eighteen months later where it would be fair to say he had his most prolific spell.
He later served Blackburn Rovers for three years helping them back to the Premiership before moving on to Wolves in 2001 also helping the Black Country club acheive top flight status in 2003. An injury hit campaign halted his return to the top flight last season and he found himself without a club for the first time in 13 years this summer. Blake hopes that this current situation will not spell the end to over a decade of football but is prepared if the end does happen.
"I've enjoyed a superb career, I do hope it can go on a bit longer but if it doesn't then never mind, all good things must come to an end. I've played for some fantastic clubs and with excellent players and managers. I will miss playing football because it's been a part of my life for so long but I can always have a kick-about with the kids!"