Arsène Wenger joined Jose Mourinho and Rafael Benitez yesterday in ruling himself out of the running for the vacant managerial post at Real Madrid as he warned that the job is "unstable".
Wenger was one of the three managers, along with Mourinho and Fabio Capello, whose talents were highlighted by Real president Florentino Perez even before Wanderley Luxemburgo was sacked.
However, he reiterated that he would be staying put at Arsenal, at least until the end of his contract in 2008, as he noted the regular turnover of Real bosses over recent seasons.
"It is an attractive job certainly, to everyone who has no job! But, on the other hand, it looks to be not a stable job," he said. "When rotation within a club becomes too quick, that means the problem doesn't always lie with the manager.
"I'm under contract until 2008 and I always try to respect my contract. That's not disrespectful to Real Madrid or anyone else, it's just my line of conduct.
"I love Real Madrid as a club, they were the club of my childhood when they won the European Cup five times but I'm 100 per cent committed to Arsenal and I want to do the job well for as long as my contract lasts."
Wenger's comments came as Ruud Gullit emerged as a surprise candidate. The former Newcastle and Chelsea manager has been the subject of some hefty bets with Ladbrokes, who have halved his odds to 6-1.
Gullit resigned as manager of Newcastle after five games of the 1999-2000 season when they were beaten by arch-rivals Sunderland, when he left local hero Alan Shearer out of the starting line-up.
The former European player of the year started his career in management when he was appointed player-boss of Chelsea in 1996 and won the FA Cup in his first season in charge.
But he was sacked the following year after a bust-up with former Chelsea supremo Ken Bates. He managed Feyenoord in his homeland last season but quit in May when the Rotterdam club finished trophyless.
Gullit has also recently hosted a chat show in the Netherlands. Real have appointed reserve team coach Juan Ramon Lopez Caro on a temporary basis while they compile a shortlist.