Wolves were dealt a blow in their search for Vitor Pereiras replacement when former manager Gary ONeil ruled himself out of the running after talks.
The Premier League strugglers sacked Pereira with the team bottom of the table after 10 matches. Wolves are the only winless side in the top six tiers of English football.
Owners Fosun international held talks with ONeil but it was reported on Monday that he withdrew his interest.
Wolves are in dire shape everything now rests on their next managerial appointment
The two teams above Wolverhampton Wanderers in the Premier League relegation zone already have three managerial changes between them this season.
Nottingham Forest swapped Nuno Espirito Santo for a month of Ange Postecoglou and the subsequent hiring of Sean Dyche. West Ham United turned to Nuno after sacking Graham Potter in September.
Reports in the Netherlands claim that another manager in talks with Fosun is former Ajax and Manchester United boss Erik ten Hag.
Ten Hag left Old Trafford in the autumn of 2024, months after winning the FA Cup. United brought in Ruben Amorim and Ten Hag later landed in Germanys Bundesliga with Bayer Leverkusen.
He lasted three competitive matches before he was back on the market and its understood Wolves could take advantage of his availability.
The English club contacted the Dutchman's management on Monday, reports AD. [Ten Hag] is still considering his immediate future and has more options.
After his lightning dismissal at Leverkusen, the coach is finally looking for revenge, but the risk of failure at Wolves is apparently high.
Wolves lost Pereiras last four matches in the Premier League and Carabao Cup. Talk of his imminent dismissal was growing ever louder until Saturdays feeble 3-0 loss at Fulham sealed his fate.
Ten Hag would also have to work with a squad assembled almost entirely in consultation with Pereira. The manager recently extended his contract with Wolves."
In FourFourTwos opinion, Ten Hag and Wolves would be a risky union and the consequence of their respective standing.
Wolves limited options in the aftermath of ONeils rejection highlight the depth of their struggles. Ten Hag is in the running along with candidates including Middlesbrough boss Rob Edwards, former Premier League manager Brendan Rodgers and Edwards predecessor, Michael Carrick.
Hiring a new manager with a relegation battle underway is always a perilous path and there are no guarantees, but Wolves status is bound to turn away exactly the prospective managers theyd need to turn their fortunes around.
Wolves take on Chelsea on Saturday evening when Premier League action returns ahead of the November international break.
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