MK Dons chairman Peter Winkelman will bide his time as he looks to make "the most important appointment at the football club".
Current boss Paul Ince is set to quit at the end of the season and the former Blackburn boss, who has a five-match touchline ban, was absent from Saturday`s defeat by Wycombe, leaving assistant manager Karl Robinson to pick the team.
Winkelman is now searching for a new manager for the fifth summer in a row and he told the club`s official website: "When this has happened to us before it`s happened right in the middle of the summer and all thoughts of long-term stability and forward planning go out of the window. On this occasion we have time on our side and we can consider the best road forward in what is undoubtedly the most important appointment at the football club."
Winkelman added: "I make no apologies for being prudent with the investment made by our supporters, it is essential to ensure that our finances are manageable and that we operate at a level that is sustainable.
"Our supporters can see for themselves that, as a Club, we continue to make excellent progress and know that we all share the ambition of competing for promotion to the Championship next season."
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