Phil Parkinson was today tipped as a contender to revive Wolves’ fortunes as the club take their time to get the right man.
The 45-year-old Bradford City boss has enhanced his reputation after taking the Bantams to the League Cup final and the League Two play-off final, where they face Northampton in nine days’ time.
Kenny Jackett, the 5-2 favourite, remains the name being firmly linked with Wolves on the footballing grapevine.
The club’s deliberately-worded statement pointing out the need to make the right choice and the management of the recruitment process by Kevin Thelwell suggests they will take their time.
After the Steve Morgan-driven appointments of Stale Solbakken and Dean Saunders, former Wolves boss Mark McGhee believes the Molineux hot-seat remains a great job – and reckons Parkinson would be idea.
The Scotland assistant manager said: "It’s a great job – no-one should have any fears going in there. Someone like Phil Parkinson would be ideal.
“He can get a team out of this division and that’s an advantage to Wolves. I know Phil well – I took him to Reading as a player.
“He’s really competitive and has the right personality for Wolves. He has an aggressive side to him but he has a great work ethic which is exactly what they need at Wolves.
“The difficulty would be getting him out of Bradford if they get promoted.”
Peterborough boss Darren Ferguson is another name being linked, although Posh chairman Darragh MacAnthony is confident the former Wolves midfielder will remain at London Road.
McGhee thinks Ferguson, who played under him at Molineux, would also be a good fit for Wolves.
He said: "Darren has that connection and his dad now has the time to give him more advice so he would have an ally in the stands.
Meanwhile, Wolves Player of the Year Bakary Sako has been linked with Aston Villa, Norwich and Fulham.