Queens Park Rangers head coach Mick Beale has turned down an approach from Wolves about their vacant managerial position.
The Premier League strugglers officially asked the Championship leaders for permission to speak toBeale, 42, a former assistant of Steven Gerrard at Rangers and Aston Villa, but he will remain at QPR.
Wolves are 18th in the Premier League after suffering their fifth defeat of the season in a 2-1 loss at Crystal Palace on Tuesday.
Speaking after QPR's 3-0 win over Cardiff on Wednesday night which moved them top of the Championship, Beale admitted it would be a "dream" to manage in the top flight. He said: "I haven't spoken to (QPR director of football) Les Ferdinand or anyone so, as far as I'm aware, nothing has changed