Graham Potter turns down Lyon five months after leaving Chelsea, ex-Wolves manager Julen Lopetegui also considered
Former Chelsea and Brighton manager Graham Potter has declined the opportunity to take charge at Lyon.
The Ligue 1 club made him their first choice to try to oversee a major restructure in eastern France, but while Potter met with, and was impressed by, Lyon's owner John Textor, Sky Sports News has been told Potter has ultimately decided it is not the right time to move back into management.
Lyon's American owner has big ambitions for the club, and with the club bottom of the table, he plans to invest heavily in the squad and facilities over the coming months and years.
It is thought Lyon will now turn their attentions to current Lille boss Paulo Fonseca and Julen Lopetegui, who left Wolves in August.