Scunthorpe chairman Peter Swann has dismissed rumours David O'Leary is in the running for the vacant manager's job at Glanford Park.
The Iron sacked Brian Laws last week following a five-game winless run, but responded under caretaker-bosses Russ Wilcox and Tony Daws with victory at Portsmouth on Saturday.
Swann and the board hope to draw up a short-list of candidates to succeed Laws this week.
"A big thank you to Russ and Tony for stepping in and steadying things, it can never be easy when a manager goes especially when you've worked with them for 14 years, so the professionalism shown towards the situation is warmly applauded,"
Swann told the club's official website. "With regards to the manager's position, I find myself once again repeating the fact that David O'Leary is not in contention, has not applied and has never met me.
"Please do not waste your money, if you're having a little gamble on the outcome, the bookies are the only winners.
"Applications are still coming in and we will begin looking at a shortlist over the coming week and I must say we have a lot to discuss as a board, so please give us time and we will find the best candidate for the job."
Scunthorpe United have sacked manager Brian Laws following last night's 2-1 home defeat to Grimsby Town in the FA Cup. Laws returned to Glanford Park last October for a second spell at the club. In his 52 games in charge since his comeback the Iron have won 17, drawn 14 and lost 21.
The club are currently 12th in League 2, but just 2 points off a play-off place. However last night's defeat to North Lincolnshire rivals Grimsby had the home fans chanting "you're getting sacked in the morning" and that appears to have sealed his fate.
Brian Laws has arrived back at Scunthorpe United for a second spell as manager, succeeding Alan Knill, who was sacked on Monday. Laws spoke to our Sports Correspondent, John Shires, about his hopes of leading the club away from the League One relegation zone.