Everton are not currently considering Fabio Cannavaro for the vacant manager's position.
And while it is thought that some preliminary discussions may have taken place with the 48-year-old, the ECHO understands that the Italian is not in the frame to replace the sacked Rafa Benitez, at present.
The Blues have placed Duncan Ferguson in caretaker charge of the team following Benitez's dismissal on Sunday and said he will lead the squad for the "upcoming games".
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Everton welcome Aston Villa to Goodison on Saturday but don't play again until February 5 when Brentford are the visitors in the FA Cup.
Ferguson is believed to be under consideration to take the job permanently alongside Wayne Rooney, Frank Lampard and Roberto Martinez.
Cannavaro was a new name added to the potential managerial candidates on Thursday.
But it is believed that Everton are not looking at the Italian, who was in charge of Chinese side Guangzhou Evergrande until September.