Next Wolves manager odds: Edwards and Ten Hag on the shortlist as O’Neil backs out

Wolves became the latest Premier League club to sack their manager with the dismissal of Vitor Pereira after the loss to Fulham, and betting sites have compiled a list of the favourites to take over at the Molineux.

The Portuguese, who joined Wolves in December 2024 after a spell at Al Shabab, was nominated for the league’s manager of the year award last season after avoiding the drop, but the club have only managed to gain two points so far this season in their first 10 games.

The loss of key players, including Matheus Cunha and Rayan Ait Nouri, meant that the job was always going to be more challenging this season, and it proved to be so as Wolves got off to a winless start in 2025/26.

Reports have emerged that the 42-year-old now regrets not leaving ahead of the start of the new season but while he remains a promising coach, Wolves must now turn elsewhere as they look to avoid relegation this term.

Wolves are bottom of the league with just two points so far after racking up eight losses and two draws, and whoever comes in will have a difficult job on their hands, as shown by recent results.

Surprisingly, former boss Gary O’Neil was the early favourite for the job and held talks with the club over a return, prompting football betting sites to slash his odds on becoming the next Wolves manager.

However, it’s been reported that the 42-year-old has turned down the chance to get his old job back, leaving the Premier League strugglers looking elsewhere for the next head coach.

Current Middlesbrough boss Rob Edwards is seen as the most likely option to take at Wolves by bookmakers, though that would be a surprising move for the former Luton boss, considering his side are currently sitting in second in the Championship with just two losses all season.

The Teessiders could end up replacing Wolves if things stay as they are and Edwards has dismissed rumours of a move to Molineux, describing them as pure speculation.

However, Edwards made 100 appearances for Wolves as a player and cut his teeth in coaching with the club, taking charge of the academy team, while he also had a brief spell as interim Wolves.

The timing doesn’t appear right for Edwards now, but it could be right for another ex Wolves favourite in Robbie Keane?

Keane, who began his playing career in Old Gold at the age of 17, has reportedly thrown his hat into the ring as he seeks a first managerial position in English football.

The former Repub;ic of Ireland international is currently in charge of Hungarian side Ferencvaros having previously managed Israeli outfit Maccabi Tel Aviv.

Several ex-Premier League managers are in the early running for the Wolves job, two of whom are ex-Manchester United managers.

Erik ten Hag has been mentioned in connection with the job. The Dutchman left Old Trafford with the side struggling and then further compounded recent embarrassments by being sacked by Bayer Leverkusen after just three competitive matches in charge.

However, he’s understood to be on a list of alternatives and remains high up in the market on betting apps.

Ole Gunnar Solskjaer is someone for whom a return to the Premier League could be tempting even in these circumstances, with the former United boss failing to find any success since leaving Old Trafford. He took a couple of seasons off before joining Besiktas earlier this year, but he only lasted seven months after the Turkish side were knocked out of the Conference League in August. A return to the top league in Europe could suit the Norwegian, as however precarious Wolves’ position, he has little to lose and plenty to prove.

Former Liverpool manager Brendan Rodgers is also on that list, despite having only recently left Celtic amid accusations of a toxic environment at the Glasgow club.

Rodgers is an interesting candidate for the job after enjoying mixed success in recent years. While his record at Celtic was impressive, the depth of the challenge in the Premier League at Wolves would make this job far more difficult.

Michael Carrick is perhaps the manager for whom this job would make the most sense. He enjoyed a successful stint at Middlesbrough despite missing out on promotion, and this is a more logical next step in his career than it is for some of the other names on this list.

The same cannot be said of the other three managers in the running, starting with former Porto boss Sergio Conceicao. The Portuguese won three Primeira Liga titles in his homeland and while he is currently managing at a lower level with Al-Ittihad in Saudi Arabia, the Wolves job is unlikely to be one that tempts him back to European football.

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