Gary O’Neil has sensationally pulled out of talks to make a dramatic return as Wolves boss, just 11 months after his shock sacking.
The 42-year-old had been on the verge of an unlikely comeback to replace Vitor Pereira, who was shown the door on Sunday after a humiliating 3–0 defeat at Fulham. Sources say much of the deal for O’Neil’s return had been agreed, but the former manager has now decided to withdraw from the process, leaving Wolves scrambling to find a new man at the helm.
O’Neil remains on Wolves’ payroll under the terms of his 12-month severance package, signed when he was dismissed last December. His brief but eventful spell in charge ended after a miserable start to the season, with the team winless in their opening 10 games.
The Molineux board had turned back to O’Neil as they searched for stability following Pereira’s disastrous run that has left the club rock bottom of the Premier League with just two points from 10 matches. No side has ever survived from such a position.
Erik ten Hag has emerged as a surprise name on the shortlist. The Dutchman, sacked by Bayer Leverkusen after just three games in charge earlier this season, is understood to be of strong interest as Wolves hold talks with several candidates.
Middlesbrough manager Rob Edwards was also sounded out, though his current job complicates matters. Boro would be entitled to significant compensation, and Edwards has quickly distanced himself from any suggestion of a move.
Speaking after learning of the rumours from his daughter, Edwards said, “You know my links to the club, but my full focus is on this job here. It’s a brilliant club and we have a massive game coming up against Leicester. I can’t comment on speculation. My attention is purely on Middlesbrough.”
Edwards, who once coached Wolves’ Under-23s and briefly led the first team on an interim basis in 2016, had been seen as a sentimental choice but insists he is staying put.
Wolves, meanwhile, continue to explore their options. The club’s close relationship with powerful agent Jorge Mendes remains a factor in the search. Previous managers Nuno Espirito Santo, Bruno Lage and Pereira all came through Mendes’ network, and sources suggest at least one of the current candidates is also represented by him.
For now, Wolves’ hunt goes on. O’Neil has walked away, Edwards is staying loyal to Boro, and Ten Hag’s future remains uncertain. What is clear is that Molineux is once again a club in crisis, and time is running out to save their Premier League season.