Update: Reid to stay in Thailand

Peter Reid has denied reports he is seeking an offer to manage his old club Sunderland, and fully intends to continue coaching the Thai national team to the World Cup in 2014.

Reid said he was "enjoying tremendously" his new job with Thailand, his first job as a national team coach.

He had seemed to indicated earlier on Monday that he was interested in replacing Roy Keane at Sunderland, where he managed for seven years.

Being manager at Sunderland "is a great job for any manager and of course I want to go back to England at some point, but right now, I've got a new challenge on my hands," Reid said.

He spoke to reporters after his Thai charges defeated Laos 6-0 on Monday night.

Reid, who previously managed Mis tasked with the tough job of steering the country to its first World Cup in 2014.

Sunderland are without a manager after former Manchester United midfielder Roy Keane quit last week after the Black Cats hit the relegation zone after five defeats in six matches. (with Agency reports)

Earlier report:

LONDON (AFP) - Peter Reid has confirmed that he would quit his post as Thailand boss if he was offered the chance to return to Sunderland as manager following the departure of Roy Keane.

Reid, who was in charge of the English Premier League club between 1995 and 2002, took over the Thai national team in September on a four-year contract.

Reid took over the Thai national team in September on a four-year contract

But he revealed that a clause in his contract allows him to leave if he receives an offer from an English club.

Reid told the Daily Mail he would be interested in talking to Sunderland chairman Niall Quinn about the vacancy created by Keane's decision to quit after a run of five defeats in six matches left Sunderland in the relegation zone.

"It's fantastic in Thailand and the experience has already improved me but everyone aspires to work in England," Reid was quoted as saying.

"It's the place to be. The players here dream about it and I know I won't be working abroad forever.

"There is a clause in my contract which allows me to speak to English clubs if they show interest, so that would be up to Niall Quinn."

Despite his willingness to throw his hat into the ring, Reid is not regarded as one of the leading candidates to take over at the Stadium of Light.

Sam Allardyce and Alan Curbishley both have stronger managerial track records than Reid and are available immediately having left Newcastle and West Ham respectively earlier this season.

There has also been speculation that Sunderland could approach either Gordon Strachan, the Celtic manager, or Martin Jol, the former Tottenham boss who is currently enjoying a successful spell in charge of German side Hamburg.

Quinn said at the weekend that Sunderland would not be rushed into a hasty appointment of a successor to Keane but he is due to report to the club's board on Wednesday on the progress he has made towards establishing a short-list of candidates.

The club have reportedly received more than 50 applications for the vacancy.