Sacked Nottingham Forest boss Sean O'Driscoll is in the frame for Wolves.
The Daily Mail says O'Driscoll will be on Wolves' shortlist should the club lose patience with under-pressure boss Stale Solbakken.
The 55-year-old, who was sacked by Nottingham Forest last week, is a fan of the club and would be among the front-runners to take over should owner Steve Morgan decide that enough is enough.
Wolves face a tricky trip to promotion-chasing Blue Square Bet Premier side Luton Town on Saturday. Further embarrassment against the non-Leaguers could tip the balance among fans frustrated by their club's slide to 18th position.