He told the Mirror: "What comes out of conference I will adhere to".
Last week the Labour Group on Hounslow Council became one of more than 100 constituency parties to have submitted motions calling for the Labour policy on Brexit to be put to a vote. We could well be looking towards a general election, and - do you know what? - we're ready for it.
Speaking on the BBC's Andrew Marr Show, the Labour leader also said a re-run of the Brexit referendum could make the manifesto as he would be "bound" by delegates' vote should they back the idea at the party's conference in Liverpool this week.
The party has never formally rejected the option of a further vote but both Mr Corbyn and Mr Watson have indicated they would prefer the issue to be resolved by a general election.
"I don't think there's many Tory MPs who want a Labour government, but there's many Tory MPs that are very, very angry at the way their Government is performing and might feel it is the right time for the country to make a decision on the future".
The deputy leader made the comments as the party faced growing calls from its own members to back a second referendum, with a rally in support of a "people's vote" held outside the Labour Party conference in Liverpool.
Many believe that, with Theresa May's weakened position following the rejection of her Chequers proposals by European Union leaders, Labour should take the opportunity to call for the future of Brexit to be put to the British people.
He added: 'But I was elected to empower the members of the party.More news: Sanchez to start for Man United - Mourinho
British opposition Labour Party leader Jeremy Corbyn. "In the referendum, I wanted to remain and reform the European Union".
The support of the main opposition party would be a major boost to campaigners for a second vote on Brexit.
And, after a summer in which Corbyn and his party has been dogged by allegations of anti-semitism, the Labour leader insisted he would "die fighting racism in any form" and hit back at Rabbi Sacks' comparison of him with Enoch Powell.
"We would vote it down if it didn't meet our tests in order to send the government, if it is still in office, straight back to the negotiating table and if there is a general election and we are in office we would go straight to the negotiating table".
"So if the people's party decide they want the people to have a final say on the deal, we have to respect the view of our members and we will go out and argue for it".
But shadow chancellor John McDonnell has warned a second referendum could stoke racial tensions and far-right populism.
"Labour will turn the tide and give workers more control and a real say at work".
"But I would look at what the question is on offer and I would want to know what the deal is that comes out of the negotiations, if that happens", he added. "The question I think that has to be answered now by the government, by the European Union leaders, is what room for movement is there, how do we move on from where we ended up last week?" We are not happy with it and we would vote against it.