Edward Bennett Williams, president of the Redskins, said again yesterday he full expects to arrange a new contract soon with George Allen but insisted they have not settled on terms.

"We have come to no agreement," Williams said. "And there is no disagreement. When the time comes and we have executed a contract, we will tell the whole world. There is no problem."

Williams has been saying that the Redskins want Allen back as coach and Allen has said he wnats to be back. Allen has a year to go on his current contract, which calls for about $125,000 annually.

Allen is said to be expecting a new contract for the upcoming season as a recognition for having had winning seasons every year since coming here in 1971.

Gregory (Ed) Hookstratten of Los Angeles, Allen's attorney since he coached the Rams, negotiated contracts in 1976 for John McKay of the Tampa Bay Buccaneers and Dick Vermeil of the Philadelphia Eagles for much higher salaries than Allen's.

Allen, 55, is believed to be seeking a five-year contract with a raise and bonuses. Williams declined to discuss that topic.

Williams said of reports of such stipulations, "I don't want to discuss terms. They are pure speculation."

Allen has bonus clauses in his current contract that provide extra money for reaching the playoffs, and so forth.

There have been reports that Allen was watching the Los Angeles coaching situation with personal interest when coach Chuck Knox reportedly was being coveted by the Detroit Lions. That was before the club selected interim coach Tommy Hudspeth as its choice.