Edwards and Gary O'Neil both have previous connections with Wolves
Rob Edwards and Gary O'Neil are two of the initial candidates under consideration to succeed the former manager as head coach of Wolves.
Pereira was sacked on the weekend after the team's 10-match without a victory start to the Premier League campaign.
Furthermore Edwards and O'Neil - each of whom have historic associations to the team - are among the options to be considered by the Wolves leadership.
Edwards is presently at another club, which would pose a potential obstacle to his hiring at Molineux.
However the ex- Luton Town manager - who played over a century of appearances for Wolves during his playing career - is said to be a strong candidate for the vacancy.
The mid-career manager is reportedly enjoys backing from the club board as they start the process of hiring a new head coach.
O'Neil is also emerging as a surprise candidate, even though he would be a surprising appointment considering he was released by Wolves in December last year.
The former West Ham United player is currently unemployed meaning the club would not need to pay any buyout fee.
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