BURY chairman Stewart Day said there would be no managerial appointment tonight, despite some bookmakers suspending the betting after a rush of money backing Simon Grayson to be the next Shakers boss.

Day, who was on his way to watch Bury Under-18s take on Wigan in the FA Youth Cup at the County Ground, would not be drawn on the links with Grayson or confirm whether he had been interviewed for the position.

But he said he did not expect an appointment to be made over the weekend, meaning caretaker boss Ryan Lowe would lead the club in tomorrow's League One match at home to Blackburn.

BetVictor had earlier suspended betting on the new Bury manager, with a company spokesman saying they acted after "sustained support" for Grayson, whose odds had fallen to 4/5 when the decision was taken.

SkyBet also cut their odds, making Grayson evens to be handed the job.

The 47-year-old former Preston manager has been out of work since being sacked by Championship side Sunderland on October 31.

He only took the job in the summer after being tempted to end a successful spell at Deepdale.

The Yorkshireman, who has also managed at Blackpool, Leeds and Huddersfield, led Preston to promotion from League One and helped to stabilise them in the Championship during a four-year stay.

It is understood Grayson was pencilled in to be a pundit for Sky at the Preston v Bolton match tonight but later pulled out.

Earlier in the week, Day confirmed the club had held interviews with potential candidates but said he would not be rushed into making an appointment.

Bury have been without a manager since the end of October, when Lee Clark was sacked.

They have since fallen to the bottom of League One and were knocked out of the FA Cup at the first-round stage on Tuesday after losing 3-0 at home to National League side Woking.