Russell Latapy has been interviewed by Alloa Athletic but has decided against pursuing his interest in the Wasps’ vacant managerial post.
The Caley Thistle assistant and former Hibernian and Rangers midfielder met Mike Mulraney and was impressed with the Wasps chairman and his vision for the Championship club.
However, the 46-year-old, who had a spell as manager of the national team in his native Trinidad and Tobago, is understood to have told the part-timers he no longer wants to be considered for the position.
Barry Smith resigned in the immediate aftermath of Saturday’s 1-0 defeat by Dumbarton, a result which plunged Alloa back into the relegation play-off place in second-bottom spot.
Smith’s assistant, Paddy Connolly, has been placed in temporary charge of the team ahead of tomorrow’s Championship encounter with Falkirk.
Other names linked with the job include former St Mirren manager Danny Lennon, ex-Hearts and Livingston manager John McGlynn and Albion Rovers manager Darren Young.