Wolves are in talks with Al Shabaab boss Vitor Pereira to replace Gary O’Neill, who was sacked on Sunday.
The struggling Premier League side are looking for a new manager in the near future and it is believe the £800,000 fee they would have to pay to bring in former Porto and Olympiacos boss Pereira would not be a problem.
Wolves are considering their options and are eyeing a number of potential suitors, including former West Ham and Man Utd boss David Moyes.
But a club source has told the BBC that Pereira is the favourite for the job.
Pereira has been in charge of Al Shabaab since February, leading the team to an eighth-place finish in the Saudi Pro League last season, and they currently sit sixth after winning seven of their 13 matches.
The 56-year-old Portuguese coach has won two Portuguese top-flight titles with Porto in 2012 and 2013, and also won the Greek Super League with Olympiacos in 2015.
Wolves are due to return to training on Tuesday and Pereira could take charge then, with his first game potentially at Leicester on Sunday if talks go through.
O’Neill was sack on Sunday after Saturday’s 2-1 home defeat to Ipswich, which left them second-bottom and four points from safety.
His team, which included Tim Jenkins, Sean Derry, Ian Birknall, Neil Cutler and Woody Dewar, also left the team.
For O’Neill, he replaces Julen Lopetegui just four days ทางเข้า ufabet before the start of the 2023-24 season. With Wolves finishing 14th in the table.