Former Wolves manager Gary O'Neil has withdrawn from his bid to return as the club's boss, marking a surprise turn of events after coming close to agreeing terms. The 42-year-old had been considered for the role 11 months after being sacked by Wolves last December following a dismal start to the season.
Sources close to O'Neil have revealed that a significant part of his deal had been agreed with Wolves, but he has now decided not to pursue it further. This decision comes as no surprise given O'Neil's statements earlier in the year, where he said he would not entertain a comeback at the start of the year.
O'Neil's withdrawal from the running marks an internal surprise, particularly given his close ties with Wolves and executive chairman Jeff Shi. The club has struggled to make progress since O'Neil's departure, with Wolves sitting bottom of the Premier League table after 10 games without a win.
Former Manchester United manager Erik ten Hag is now being considered as a potential candidate to replace Pereira, although other names are also still in the mix. Meanwhile, Middlesbrough boss Rob Edwards has said he will not entertain speculation about his own future at Middlesbrough due to their current focus on turning things around after a disappointing start to the season.
O'Neil's decision to pull out of the running for Wolves manager highlights the challenges facing any potential candidate looking to return to the club. With the players that O'Neil valued most, including Matheus Cunha and Nelson Semedo, now departed, it remains to be seen whether Wolves can succeed under a new manager without those key players.
The situation at Middlesbrough has also thrown up some interesting questions about Edwards' future at the club. With his current employment potentially limiting his options, there are whispers of a significant compensation fee that Boro would need to pay in order for him to leave. For now, however, Edwards is focusing on turning things around at the Riverside Stadium, with a big game against Leicester City coming up this weekend.
Sources close to O'Neil have revealed that a significant part of his deal had been agreed with Wolves, but he has now decided not to pursue it further. This decision comes as no surprise given O'Neil's statements earlier in the year, where he said he would not entertain a comeback at the start of the year.
O'Neil's withdrawal from the running marks an internal surprise, particularly given his close ties with Wolves and executive chairman Jeff Shi. The club has struggled to make progress since O'Neil's departure, with Wolves sitting bottom of the Premier League table after 10 games without a win.
Former Manchester United manager Erik ten Hag is now being considered as a potential candidate to replace Pereira, although other names are also still in the mix. Meanwhile, Middlesbrough boss Rob Edwards has said he will not entertain speculation about his own future at Middlesbrough due to their current focus on turning things around after a disappointing start to the season.
O'Neil's decision to pull out of the running for Wolves manager highlights the challenges facing any potential candidate looking to return to the club. With the players that O'Neil valued most, including Matheus Cunha and Nelson Semedo, now departed, it remains to be seen whether Wolves can succeed under a new manager without those key players.
The situation at Middlesbrough has also thrown up some interesting questions about Edwards' future at the club. With his current employment potentially limiting his options, there are whispers of a significant compensation fee that Boro would need to pay in order for him to leave. For now, however, Edwards is focusing on turning things around at the Riverside Stadium, with a big game against Leicester City coming up this weekend.