Sergio Conceicao, Ex-Porto, Nantes and Braga manager
Portuguese manager Conceicao was linked with the Chelsea job according to Caught Offside before the Blues opted to sign Enzo Maresca. He most recently managed Porto but decided to leave at the end of last season after seven years at the helm.
He is the favourite to take over at Wolves with his odds set at 6/5 ahead of the likes of Benitez and Lampard.
David Moyes, Ex-West Ham, Manchester United and Everton manager
If Wolves want a more experienced manager in the Premier League, then Moyes would seem an obvious choice. He was most recently at West Ham, leaving at the end of last season.
Moyes is backed at 2/1 and is the highest of the former Premier League bosses. He has also been linked with a return to Everton.