Michael Kightly has told of his relief that Mick McCarthy has turned down the South Korea job.
The Wolves winger admitted that the news was a 'real bolt out of the blue' when he first heard of the approach, but was delighted that the former Republic of Ireland boss decided to stay at Molineux.
"It was a tremendous shock that I couldn't take in at first," Kightly told the club's official website.
"Then I got to thinking that, as a good manager, he's obviously going to be linked with good jobs.
"But I'm really glad he's staying. I think that as a club we are very fortunate. There have been statements made about us keeping the best players but it's important we keep a top manager.
"What he has done for this club is unbelievable and it amazes me that a few supporters have been giving him stick. I feel they really ought to think hard about things."
McCarthy had been named on a two-man shortlist for the job along with ex-Liverpool manager Gerard Houllier, but was quick to commit himself to Wolves despite admitting to being flattered by the interest.
He has taken Wolves to sixth in the Championship table this season, and they currently sit just two points adrift of rivals West Brom who occupy the second automatic promotion spot.