Manchester City's prospective new owners say there are three other candidates apart from Sven-Goran Eriksson for the vacant manager's job at Eastlands.
Former England boss Eriksson had emerged as the leading candidate to succeed Stuart Pearce, but a spokesman for Thaksin Shinawatra revealed that no final decision has been made.
Keith Harris, executive chairman of Seymour Pierce Investment Bank, said: "When you are interviewing for any job there are two uncertainties; one is who exactly who you want and whether the people you want want you.
"It is for Sven to look at the opportunities which present themselves to him. I think with some certainty a decision will be made next week.
"Three other managers are on the shortlist. We have tried desperately hard to keep these things private and confidential as it is not fair on the individuals."
Sevilla boss Juande Ramos and former FC Porto and AZ Alkmaar coach Co Adriaanse have both been linked with the Citizens.