The Blues are looking for a new boss following Chris Hughton's move to Norwich City on Thursday.
The former Sheffield Wednesday coach is on a shortlist with Mick McCarthy and Lee Clark, according to The Sun.
Megson was dismissed from Hillsbrough in February after only a year in charge and with the club third in the League One table.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Birmingham CityBirmingham | 35 | 25 | 7 | 3 | 58 | 23 | 35 | 82 |
| 2 | Wycombe WanderersWycombe | 35 | 19 | 11 | 5 | 61 | 33 | 28 | 68 |
| 3 | Wrexham | 36 | 20 | 8 | 8 | 50 | 30 | 20 | 68 |
| 4 | Charlton AthleticCharlton | 36 | 18 | 9 | 9 | 47 | 31 | 16 | 63 |
| 5 | Stockport CountyStockport | 36 | 17 | 11 | 8 | 52 | 34 | 18 | 62 |
| 6 | Bolton WanderersBolton | 36 | 18 | 6 | 12 | 59 | 54 | 5 | 60 |
| 7 | Huddersfield TownHuddersfield | 36 | 17 | 7 | 12 | 47 | 33 | 14 | 58 |
| 8 | Reading | 36 | 16 | 10 | 10 | 51 | 45 | 6 | 58 |
| 9 | Leyton Orient | 36 | 16 | 5 | 15 | 51 | 37 | 14 | 53 |
| 10 | Barnsley | 36 | 15 | 7 | 14 | 50 | 51 | -1 | 52 |
| 11 | Blackpool | 36 | 12 | 15 | 9 | 54 | 48 | 6 | 51 |
| 12 | Stevenage | 36 | 13 | 9 | 14 | 34 | 37 | -3 | 48 |
| 13 | Lincoln CityLincoln | 36 | 12 | 10 | 14 | 48 | 45 | 3 | 46 |
| 14 | Rotherham UnitedRotherham | 35 | 12 | 8 | 15 | 39 | 41 | -2 | 44 |
| 15 | Wigan AthleticWigan | 35 | 11 | 10 | 14 | 32 | 34 | -2 | 43 |
| 16 | Exeter CityExeter | 35 | 12 | 7 | 16 | 39 | 50 | -11 | 43 |
| 17 | Bristol Rovers | 36 | 12 | 6 | 18 | 39 | 55 | -16 | 42 |
| 18 | Mansfield TownMansfield | 36 | 11 | 8 | 17 | 41 | 50 | -9 | 41 |
| 19 | Northampton TownNorthampton | 36 | 10 | 11 | 15 | 36 | 53 | -17 | 41 |
| 20 | Peterborough UnitedPeterborough | 35 | 10 | 9 | 16 | 52 | 60 | -8 | 39 |
| 21 | Burton Albion | 36 | 7 | 12 | 17 | 36 | 53 | -17 | 33 |
| 22 | Crawley TownCrawley | 36 | 7 | 9 | 20 | 38 | 66 | -28 | 30 |
| 23 | Cambridge UnitedCambridge | 36 | 7 | 8 | 21 | 35 | 60 | -25 | 29 |
| 24 | Shrewsbury TownShrewsbury | 36 | 7 | 7 | 22 | 34 | 60 | -26 | 28 |
| > League One Full Table | |||||||||
