TRANMERE Rovers say they will not rush into appointing a new manager, amid speculation that John McGreal could become their new boss.

The Colchester United boss is being linked with a return to Prenton Park, after Micky Mellon left his role at Prenton Park to take over at Scottish Premiership club Dundee United, on a four-year deal.

McGreal, who was born in Birkenhead and made more than 200 appearances for Tranmere between 1990 and 1999, is now being strongly linked with the position and a return to his former club.

McGreal is 1/1 favourite for the job with Sky Bet, while The Sack Race also have him as favourite, at 2/1.

Palios told the Tranmere Rovers website: "There's a whole range of people we'll have to go through and make sure that we get the right person.

"We don't have a fixture list at this moment in time which is a help so we're not sort of looking at next Saturday and who's going to take the team etc so there is time.

"We won't be putting a deadline on it.

"Clearly we work as quickly as we can but we're not rushing into a decision.

"When we have an answer, we'll let the fans know as soon as possible."

Palios says they have already had an 'amazing response' to the vacant managerial role, following Mellon's departure.

"We move on - we have to move on," he said.

"From my perspective, you have a club that is quite attractive to people, especially in these uncertain times when you don't know what's going to be around the corner, etc and you see a lot of clubs in financial difficulty, etc.

"So we are a club that I think that people respect and has moved from where it was, is in a relatively good position.

"On top of that, it's not only the fabric of the club that's in a much better position than a lot of others but it's (also) the way we do things at the club - we try to do things the right way.

"Equally on top of that, we have a very good core of a squad that's there that Micky had built and we plan to build on that.

"We do think that that squad will be quite attractive to people coming in.

"If you look at the squad, it isn't about a wrecking ball.

"Someone doesn't have to come in and unpick everything that's there, the sports science that we have there and so forth.

"It's very much about somebody who can take that squad on, add to it and take it further forwards.

"Because of the club being where it is, we've already had an amazing response in terms of the number of people who have applied for the job.

"There's a whole variety of different managers that we've had, ranging from young bright coaches through to more experience guys and people that obviously know the club, players and so forth."