Wolves look unlikely to have a new manager in the dugout for their game against Nottingham Forest at the weekend after being dealt another setback in their search for a Bruno Lage replacement.

What's the word?

It was suggested that, after a move for Julen Lopetegui fell through, the Old Gold could turn towards former Olympiacos manager Pedro Martins, with reports from Portugal claiming that they were already in negotiations.

However, Express and Star journalist Liam Keen has now contradicted that and claimed that a move for Martins is not on the cards, which could prove to be yet another setback for the Molineux outfit.

He said: "Pedro Martins is not currently of interest to Wolves."

A mistake from Wolves?

It is surprising that Martins is not being considered, as the 52-year-old boasted an impressive record at Olympiacos before his summer sacking, winning three titles during his time in Greece.

This led Greek journalist Lianos Kostas to compliment the "immense success" Martins had in his spell at the Karaiskaki Stadium before his exit this summer, which came after a shock defeat to Maccabi Haifa in Champions League qualifying.

Martins oversaw some impressive results in Europe with Olympiacos, memorably defeating Arsenal on two occasions, first knocking them out of the Europa League in 2020, before winning again at the Emirates in March 2021.

The Portuguese manager could have been a good fit at Molineux and has been tipped to be a success in the Premier League by Wolves winger Daniel Podence, who starred under him in Greece.

He said: “He is a humble man, simple and easily accessible.

“Of course he is ready. Although Olympiacos is as big a club as most Premier League clubs. The quality here will not be a problem for him and will have good results.”

Indeed, the forward was a revelation thanks to Martins, scoring 13 and assisting 14 under his tutelage. That happens to be the highest volume of goal contributions he has managed under a single manager, meaning Wolves' fortunes and that of Podence, could improve significantly if he arrives in the Midlands.

Therefore, it is somewhat surprising that Wolves seemingly aren't interested in appointing Martins, and this decision will only limit their options further, which is surely a mistake when you consider their desperate current situation.

The Old Gold need a new manager to come in as soon as possible, as the results so far this season suggest that they are definitely in a relegation scrap. Thus, they must surely have a better option up their sleeve if they are not considering an experienced title-winner such as Martins. For now, however, it looks like an error in judgement from Fosun.