Wolves boss Mick McCarthy has ruled himself out of the race to become Celtic's next manager. But the former Hoops defender admits he may return to the club sometime in the future.

"I'm happy at Wolves right now and looking forward to another season in the Premier League," he said in the Daily Express.

"The Celtic job is not one for me right now, but I couldn't rule it out in the future as I loved my time at the club."

McCarthy insisted Celtic would bounce back from one of the most miserable seasons in their recent history.

The 51-year-old attended last week's friendly defeat to AZ Alkmaar, which was watched by only a few thousand fans.

He said: "I was at the Alkmaar game and it was sad. It was just empty and there was no atmosphere.

"But Celtic will come back, don't worry about that."