But which of his old players could the former Baggies assistant boss target if he returns as Pardew's replacement? HITC takes a look...
Robert Huth (Leicester City)
Signed during Pearson's final season at Leicester, Huth was an integral member of the Foxes side which won the Premier League barely 15 months later. The experienced German has failed to make a single senior appearance this season, however - mainly due to injury - and looks set to leave the King Power Stadium at the end of his contract this summer. With Gareth McAuley out of contract and Jonny Evans and Craig Dawson linked with moves away from Albion, Huth would be a logical free signing.
Matty James (Leicester City)
James was brought to Leicester as a 20-year-old by Pearson, and was a regular for the next three seasons - including the Foxes' first one back in the Premier League. Injuries have restricted the central midfielder to just 16 Leicester appearances then, however, and although he has started seven of their last 10 top flight matches, a move could be on the cards this summer if first team assurances cannot be given. Pearson would surely take him at the Hawthorns, where Gareth Barry, Claudio Yacob and Grzegorz Krychowiak are reaching the end of their deals.
Six years after managing him at Southampton, Pearson tried to sign McGoldrick for Leicester. The Foxes are said to have offered £7.5 million for the Ipswich striker in 2014, an amount which failed to meet the Tractor Boys' demands. However, Pearson - who faces losing Jay Rodriguez and Salomon Rondon as well as Daniel Sturridge if he takes the West Brom reins - could land McGoldrick for free this summer, when the Irishman's contract expires.
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