Sheffield Wednesday chairman Milan Mandaric has confirmed Neil Warnock is among the candidates for the vacant managerial post at the club.
Dave Jones was sacked on Sunday following a poor Championship campaign that sees Wednesday sitting second from bottom in the table.
Warnock would be a controversial replacement because of his long association with local rivals Sheffield United, but Mandaric has already spoken to the 65-year-old.
When asked by Sky Sports to confirm the rumours that Warnock was on the shortlist for the job, Mandaric said: "Yes he is.
"It doesn't mean he will be our manager. There are four or five names and he is one of them.
"I will explain to our supporters no matter who I bring here or do not bring here is for no other reason than what is best for the club.
"We are in a difficult situation so we need to bring somebody with a capability to galvanise the club, galvanise the team and take us to where we belong.
"We have good enough players and we should not be at the bottom of the table. And whoever comes there I have to have full trust that he will be the person that will take us where our supporters want to be.
"And if that happens to be Neil Warnock I would have to adjust by that and there should be no problem at that time, but at this time it is not Neil Warnock.
"It's not one name. There are four or five people. I will be talking to them and interviewing them to see what is their desire and whoever is that person I will come out and give our supporters a full explanation why that person is going to be their manager for their club."