Former England boss Sven Goran Eriksson fancied for Brighton job
Previous boss, Sami Hyypia resigned as manager of the struggling Championship side on Monday after just six months at the helm.
The Seagulls, who made the play-offs last season are in the relegation zone after one win in 18 league games.
Former Liverpool and Finland defender Hyypia, 41, was appointed in June on a three-year deal, but won just six out of 26 games in charge.
"Sami offered his resignation, and we reluctantly accepted earlier today," chairman Tony Bloom said.
Assistant boss Nathan Jones is expected to be named as caretaker-manager.
"Sami is an incredibly honourable man," Bloom added. "He remains a hugely respected and very popular figure at our club. He has decided to step down for the benefit of the team and the club. We are all very disappointed, but we respect Sami's decision and we all wish him well for the future."