The 35-year-old full back recently agreed to sign for the recently relegated club, and he essentially penned a pre-contract deal which means he would join them after his Newcastle contract ends on July 1.
According to Sky Sports News, he is considering his options after Edwards' shock dismissal from Wolves earlier this week.
He had cancelled a holiday to undergo a medical and sign this week, with Edwards' place in charge being key to his decision.
It's said Trippier learned of the news by someone outside the club on Thursday (11.06.26) morning, days after being hailed as Wolves' big summer signing.
Edwards had been desperate to bring the defender on board, and the England star had other options before settling on Wolves.
According to the outlet, Edwards and his coaching staff are similarly disappointed with how the situation has been handled.
The former head coach found out from a family member rather than the club.
Wolves were relegated from the Premier League at the end of the 2025/26 season, but they had been putting on a united front by claiming they would stand by the 43-year-old head coach, who had been in charge for seven months.
However, on Thursday morning they announced: "Following a comprehensive review at the conclusion of the season, the club has determined that a change in leadership is necessary as Wolves enters the next stage of its development.
"While the club recognises the significant challenges faced by Edwards and his staff during their tenure, and acknowledges the commitment and professionalism they demonstrated throughout, it ultimately concluded that a different sporting direction would provide the strongest platform for future success."
The process of appointing a new head coach "is already underway".
Executive chairman Nathan Shi acknowledged that Edwards came in during an "extremely challenging" time for the club, and insisted the decision to part ways was "difficult".
He added: “Our decision was not about character, professionalism or dedication.
"It was about determining what we believe gives Wolves the strongest opportunity to move forward from a sporting perspective.
“While there were positive signs and areas of progress, we ultimately concluded that a different football direction would better align with the style, identity and level of competitiveness we want to establish at the club.
“It would have been easier to continue with what was familiar.
"However, leadership is not about choosing the easiest path, but about making the difficult decisions we believe are right for the future of the football club which will put Wolves on the strongest platform to move forward."