David Moyes has pulled out of the running to become the new Aston Villa manager after he had been the favourite for the job.
Moyes has been on a three-man shortlist to replace Remi Garde and was hotly tipped to land the role over the weekend after impressing prospective new owner Dr Tony Xia.
However, Moyes has now ruled himself out leaving Nigel Pearson – the preferred choice of outgoing chairman Steve Hollis – and Roberto Di Matteo in the frame.
Moyes, who had one ill-fated season at Manchester United after years of success at Everton, last managed Real Sociedad until he was sacked last year.
Villa wanted a swift decision from their number one candidate, but Moyes had reservations about the role and the situation he would be coming into at the relegated club this summer.
There have been reports that prospective new owner Xia, the 39-year-old Chinese businessman who has taken on the club from Randy Lerner, may not be as wealthy as had been first thought, although these are unconfirmed.