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Wolves consider Nigel Pearson, Tim Sherwood and Paul Lambert for managerial post

Former Aston Villa manager Tim Sherwood
Image: Former Aston Villa manager Tim Sherwood is one of three managers being considered by Wolves

Nigel Pearson, Paul Lambert and Tim Sherwood are on a three-man shortlist for the vacant managerial position at Wolves, according to Sky sources.

Wolves are looking for a new boss after sacking Walter Zenga following less than three months in charge at Molineux.

Wolves lost four their last five games with the Italian in charge, leaving them 18th in the Championship, with Rob Edwards taking temporary charge for the 1-1 draw with Blackburn at the weekend.

Wolves manager Walter Zenga continued his unbeaten start at Molineux with a 0-0 draw against Ipswich.
Image: Walter Zenga was sacked following the defeat to Leeds

Edwards was on an initial five-strong shortlist being considered by the club, but both he and Paul Ince are now out of the running, leaving Pearson, Lambert and Sherwood to battle it out.

Blackburn Rovers Manager Paul Lambert during the Sky Bet Championship match between Cardiff City and Blackburn Rovers
Image: Paul Lambert left Blackburn over the summer

Zenga's predecessor Kenny Jackett was sacked by the club's new Chinese owners in July, but he has since taken charge at Rotherham United.

Nigel Pearson prior to the Pre-Season Friendly between Chesterfield and Derby County
Image: Nigel Pearson was sacked by Derby earlier in the campaign

Team general manager Andrea Butti followed Zenga out having won just four of their opening 14 league games. 

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SkyBet quoted Pearson as 4/5 favourite for the job on Monday afternoon, with the other two candidates at 7/2.