Mick McCarthy reportedly has the choice of three managerial vacancies.
The 53-year-old has been out of work since he was sacked by Wolverhampton Wanderers in February of this year.
The report claims that McCarthy has held talks with all three of the Lancashire-based clubs.
Following those discussions, it is believed that McCarthy currently favours a switch to Bolton over the other two.
He has also been linked with a return to the Republic of Ireland hotseat.