"I don't know where it came from," said the 40-year-old.
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O'Neil added: "Growing up, Liverpool and Manchester United always felt special. It's an honour to be linked even if there's no truth in it.
"I love it here. I'm a head coach, I'm always going to be a head coach. I'm really enjoying my time at Wolves. I was only made aware of it (the links) by the media team to prepare for your questions."
