Steve Davis will remain as Wolves' interim head coach until 2023, the club have confirmed.
The 57-year-old assumed the role when Bruno Lage was sacked on October 2 and has overseen one win and two defeats in his three games in charge so far, with the club sat 18th in the Premier League table.
Wolves shortlisted as many as 15 names and spoke to a large number of those over the role. However, ultimately they feel that none of the available options are the right fit to take the club forward.
The board also have one eye on the World Cup and any potential options that emerge following its conclusion.
The news comes just hours after after QPR head coach Mick Beale turned down and approach from Wolves because it wasn’t the right moment “
Wolves were disappointed they were unable to land Beale but respect his decision to stay at QPR.
In a statement on the club's official website, Wolves chairman Jeff Shi said: "In the short time Steve and his team have been in interim charge of the first team, we have already seen improvements to the group, with the players responding well to their methods and the changes they have started to implement
