Blackburn hope to appoint a new manager by Saturday but say they will not be rushed into making a decision on who will replace Paul Ince.Ince was sacked on Tuesday and chairman John Williams has already started the search for a new boss, with ex-Rovers boss Graeme Souness the favourite.
"We will endeavour to have a new manager in place for Saturday's game with Stoke City," said Williams.
"But there are no guarantees and we must ensure that we get the right man."
Ince was sacked after only six months in charge of Rovers, having joined the club in June.
After a winning start under his tenure, Rovers have won only three of their 17 Premier League matches this season, with the club slipping into the relegation places following a run of 11 straight matches without a victory.
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Midfielder Tugay is also in the running for a coaching role at Ewood Park.
Alan Murray, who assisted Souness at both Blackburn (2000-04) and Newcastle (2004-06), feels that the former Liverpool midfielder would be an ideal contender to replace Ince.
"I know he has been looking to get back into the Premiership for some time now and for whatever reason it has not happened," Murray told BBC Sport.
"He has a good relationship with the chairman and he is ideal for the job."His pedigree is proven and has been very successful at Blackburn before.
"He won the Carling Cup, qualified for Europe twice and can handle the big personalities in the squad. I can't see anyone better for the job."
Williams confirmed that day-to-day training would now be carried out by Ince's backroom staff of Archie Knox, Ray Mathias and Karl Robinson.
"Our coaching staff and all of the players fully understand the importance of this weekend's game," added Williams.
"Our supporters can rest assured that we will do everything in our power to get the team climbing the Premier League table as soon as possible."
Assistant manager Mathias admitted Ince departure is a "massive disappointment" but insisted that it would be business as usual in training this week as the club prepares for Saturday's game.
"It's a massive disappointment. Everyone's feeling it, you can see it in the players' eyes, it's a great loss. But knowing the gaffer he'll bounce back," said Mathias.
| I wouldn't say it's a big job - we're 17 games in so there's a long way to go yet Blackburn assistant Ray Mathias |
"We have just got to carry on with the players and make sure they are prepared for Saturday's game.
"As a team, myself, Archie and Karl will all be in charge. We will work together on it and discuss things as time goes on.
"We have to go day to day. The players will worked hard and we will be training every day of the week, so it will be no different to what we usually do.
"I wouldn't say it's a big job. We're 17 games in so there's a long way to go yet and the players are focused and looking to go out and maybe do it for the gaffer on Saturday.
"It is a small amount of games for any person to be judged on.
And Mathias also revealed that none of the backroom staff had any idea on who would be replacing Ince. "The chairman will be bringing someone in - we don't know who," he said.
"He assured us he hadn't spoken to anyone at this time, so we have to go by what he says."