However, the former England international has slated Tottenham manager Andre Vilas-Boas.
Ian Wright: "There has been talk of Alan being pushed towards the Tottenham or even the England job earlier this year, but I think Newcastle is a much better place for him to be.
"There is not so much pressure up there as there would be at a club where they are expecting to win stuff and he was quick to distance himself from links with the England job when they came up.
"Anyway, what is the rush for people in the modern game to be appointed to big positions?
"The way I see it, some managers are being thrown into big jobs long before they are ready for them.
"I look at Andre Villas-Boas as a guy who is being promoted a little too quickly.
"He didn't shower himself in glory at Chelsea at all and then he somehow gets the job at Tottenham.
"Now you look at the things he is doing there; Michael Dawson is captain one minute, then next he wants him out.
"There were mixed messages over Aaron Lennon and Jermain Defoe at the start of the season as well.
"Okay, he won the Europa League at FC Porto and did well in the Portuguese league, but that should never have been enough to give him the Chelsea job, so I was not surprised when it all blew up."