PAUL LAMBERT, Nigel Pearson and Tim Sherwood are on a three-man shortlist for the vacant Wolves job.
The former Celtic and Scotland skipper has been out of work since leaving Blackburn Rovers at the end of the season.
Walter Zenga was sacked by the Molineux club last week following fewer than three months in charge.
The Midlands outfit lost four their last five games with the Italian as manager, leaving them 18th in the Championship.
Rob Edwards, who took over for the 1-1 draw at Ewood Park at the weekend, was on the initial five-strong shortlist being considered by the club.
However, both he and Paul Ince are now out of the running, leaving Lambert, who has also bossed Norwich City and Aston Villa, battling it out with Pearson, who left Derby recently, and Sherwood, who was dsimissed by Villa last year.
Zenga’s predecessor, Kenny Jackett, was sacked by the club’s new Chinese owners in July, but he has since taken over from axed Alan Stubbs at rock-bottom Rotherham.