Mick Beale, the head coach of Queens Park Rangers, turned down an offer from Wolves.
The Championship leaders were asked for permission to speak to Beale, but he will stay at Queens Park Rangers.
Nuno Esprito Santo, who was in charge of Wolves from 2017 to 2021, was one of the managers Wolves considered, but they were impressed by Beale's reputation and potential.
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After suffering their fifth defeat of the season in a loss at Crystal Palace, Wolves are 18th in the premier league.
It would be a dream to manage in the top flight, as he admitted after Queens Park Rangers moved top of the Championship. "As far as I know, nothing has changed," he said.
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You don't have to accept an offer if it's official. Everything has to be weighed. You need to ask a lot of questions.
I came from the premier league to work here." I'm aware of that level. I have worked for some of the biggest clubs so I know what to expect. I feel very confident in this job and I feel like I'm ready for it.
I would love to manage in the premier league. That is a fact. It has to be the right opportunity, the right moment and the right club, and they need to give me a clear idea of where that club is going.
The game between Wolves andLeicester will start at 2pm. Before the World Cup, they face a number of teams.