Another manager linked with the vacant Wolves job has seemingly been ruled out of a switch to Molineux, with the Old Gold close to panic stations following the sacking of Bruno Lage.
What's the word?
The Portuguese manager was shown the exit door at Molineux after a 2-0 defeat against West Ham saw Wolves drop into the Premier League relegation spots, while a 3-0 defeat against Chelsea last weekend saw the Old Gold become the lowest scorers in the English football league, with only three goals from their opening nine fixtures.
The Telegraph suggested that Julen Lopetegui and Bo Svensson were among Wolves' top targets following Lage's exit, with the Spaniard looking extremely likely to take over at Molineux after his sacking by Sevilla.
However, he turned down Wolves' approach earlier this week due to the ill health of his father, while former Olympiacos boss Pedro Martins has also seemingly been ruled out as an option.
Wolves fans might have hoped that Svensson would be the natural option to take over but reports from Germany on Wednesday afternoon suggest that he is keen to remain with Mainz, where he has been in charge since January 2021.
A blow for Wolves
Since taking over with the Bundesliga side, the Danish manager has transformed Mainz from relegation candidates to European outsiders, as they finished eighth in the German top flight last season.
In 66 matches, Svensson has overseen 28 wins and 18 draws, with a points-per-game average of 1.52, while their goals-per-game average is also 1.52, which suggests that he could have helped to improve Wolves' woes in front of goal, with just three goals all campaign.
This will have made him the perfect option for Fosun, who will undoubtedly be dreaming of the European spots, rather than the relegation zone they currently find themselves in. Indeed, Svensson has proven he can drag teams out of trouble before and there would surely be no better option than the 43-year-old.
What also made him an attractive option was praise from current Liverpool boss Jurgen Klopp for his work with his old side, with the German's comments suggesting that Svensson could have been a hit in the Premier League.
He said: "I only saw him as a player for a year. As a guy, he was a grenade even then. As a coach, he's a great, great talent and has done an outstanding job so far.
"And he has a heart for Mainz 05, that's important. He brings the right mood to the club again. I'm very optimistic that things are going in the right direction with him now."
Therefore, it seems clear that Svensson has a bright future and it is another blow for Wolves that he wants to remain in the Bundesliga.
The Old Gold are running out of time to appoint a new manager, who will surely need as much time as possible to turn the season around.