Wolves to identify their ideal new manager

Club officials will release a further statement detailing the type of candidate chairman Steve Morgan wants to begin the rebirth of a club badly wounded by relegation to League One.

This follows yesterday's swift removal of Dean Saunders and comes at the end of a trail of broken management regimes in a disastrous year for the club.

Wolves will tell the footballing world that they will continue to take as long as necessary to ensure they get this appointment right, after the short and unsuccessful tenures of Stale Solbakken and Dean Saunders.

And, after being stung in their last two managers, they stress they will undertake a proper, thorough recruitment process this time.

They will also talk of the need to rediscover a 'Wolves way' through their new manager.

Not to be under-estimated in the process is the role of director of football operations and recruitment Kevin Thelwell, who is managing the hunt in conjunction with the board.

It means that the smoke signals for early favourites such as departed Millwall boss Kenny Jackett and others are premature at the moment.

Another key pointer in the club's strategy is Wolves are now recruiting as a League One club.

And that could mean a look at candidates who have caught the eye in the third tier.

Crewe manager Steve Davis could be a candidate to resurrect the fortunes of the club he supported as a boy.

The 47-year-old Brummie, however, insists he remains fully focused on preparing Crewe to challenge Wolves next season.

Davis, who played against Wolves for Burnley in the 1988 Sherpa Van Trophy final, said: "It's no secret I'm a Wolves fan but I didn't anticipate to be anywhere near in terms of that job.

"I should imagine they would be looking for someone fairly experienced."

Davis has guided Crewe from the bottom of League Two to mid-table in League One and a Johnstone's Paint Trophy win in 18 months – bringing in nearly £8milliion in transfer fees while spending less than £100,000.

He was interviewed for the Burnley job last October before the board appointed Sean Dyche.

Port Vale, who also join Wolves in League One after winning promotion, won't welcome any approach for boss Micky Adams.

Vale chairman Paul Wildes said: "No one from Wolves has been in touch with me about him and I don't expect them to."