Mick McCarthy was sacked by the board last week after nearly six years in charge at Molineux.
Smith, 63, could now take over at the Premier League strugglers, according to The Mirror.
Chairman Jez Moxey recently claimed that he was hoping to appoint a new manager this week.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Manchester CityMan City | 2 | 2 | 0 | 0 | 6 | 1 | 5 | 6 |
| 2 | Brighton & Hove AlbionBrighton | 2 | 2 | 0 | 0 | 5 | 1 | 4 | 6 |
| 3 | Arsenal | 2 | 2 | 0 | 0 | 4 | 0 | 4 | 6 |
| 4 | Liverpool | 2 | 2 | 0 | 0 | 4 | 0 | 4 | 6 |
| 5 | Tottenham HotspurSpurs | 2 | 1 | 1 | 0 | 5 | 1 | 4 | 4 |
| 6 | Nottingham ForestNott'm Forest | 2 | 1 | 1 | 0 | 2 | 1 | 1 | 4 |
| 7 | Newcastle UnitedNewcastle | 2 | 1 | 1 | 0 | 2 | 1 | 1 | 4 |
| 8 | Chelsea | 2 | 1 | 0 | 1 | 6 | 4 | 2 | 3 |
| 9 | West Ham UnitedWest Ham | 2 | 1 | 0 | 1 | 3 | 2 | 1 | 3 |
| 10 | Fulham | 2 | 1 | 0 | 1 | 2 | 2 | 0 | 3 |
| 11 | Manchester UnitedMan Utd | 2 | 1 | 0 | 1 | 2 | 2 | 0 | 3 |
| 12 | Aston Villa | 2 | 1 | 0 | 1 | 2 | 3 | -1 | 3 |
| 13 | Brentford | 2 | 1 | 0 | 1 | 2 | 3 | -1 | 3 |
| 14 | Bournemouth | 2 | 0 | 2 | 0 | 2 | 2 | 0 | 2 |
| 15 | Leicester CityLeicester | 2 | 0 | 1 | 1 | 2 | 3 | -1 | 1 |
| 16 | Southampton | 2 | 0 | 0 | 2 | 0 | 2 | -2 | 0 |
| 17 | Crystal Palace | 2 | 0 | 0 | 2 | 1 | 4 | -3 | 0 |
| 18 | Ipswich TownIpswich | 2 | 0 | 0 | 2 | 1 | 6 | -5 | 0 |
| 19 | Wolverhampton WanderersWolves | 2 | 0 | 0 | 2 | 2 | 8 | -6 | 0 |
| 20 | Everton | 2 | 0 | 0 | 2 | 0 | 7 | -7 | 0 |
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