Celtic chief executive Peter Lawwell insists he is in no rush to appoint a successor to Neil Lennon.
The search for the new Parkhead boss is under way after Neil Lennon stepped down on Thursday having led the club to three Scottish Premiership titles during his four-year spell in charge.
Lennon's former team-mate Henrik Larsson immediately became one of the front-runners for the post in a field of constantly-changing favourites which includes names such as Owen Coyle, David Moyes, Malky Mackay, Jackie McNamara, Roy Keane, Steve Clarke and Paul Lambert.
Hakan Nilsson, sporting director at Larsson's current club Falkenbergs, claimed the former Sweden striker told him that a club, unnamed, were interested in speaking to him but promised he would remain at the club for the rest of the season, which finishes in November.
Lawwell, though, insists Celtic have not yet approached anyone and will exercise due diligence in the selection process.
He told Sky Sports: "It is very early to make any comment, I am sure you will understand. It is very early in the process.
"We will take as much time as it needs to get the right candidate and we have got a wee bit of time so hopefully we will get it right."
"We will take as much time as it needs to get the right candidate and we have got a wee bit of time so hopefully we will get it right" - Peter Lawwell
While many people thought Lennon was set to walk straight into a job in England upon his departure, the former Celtic skipper claimed that there is nothing immediate in the pipeline although he admits working down south is an ambition
"It's a decision I have come to and it might not be in the short term, it might be a long-term thing ," he said.
"It's an ambition (to work in England) but I need some time to digest it all. Leaving Celtic is a huge wrench.
"I will probably never leave it in my mind but physically I will do.
"I have been associated with the club for 13 years and I am sure I will still have an association with it.
"I just need time to think things over. I won't rush anything. I don't know if opportunities will come up.
"People say it is a bit of a gamble but I just felt that the time was right for me and my staff to take out careers in a different direction.
"I left the club in a great position, from when I took over.
"On and off the field we are very strong and our reputation in Europe is very good."