I do feel disappointed but at the same time I have much respect for his decision.

For me, O' Neill / Lee Clark / maybe a teeny weeny bit Billy Davies were the only satisfactory candidates to replace Sven. Replacing Sven with anyone else seems like the owners have dropped a bomb, as none of the others are a patch on having Sven in charge.

I can't blame him to be honest. Why risk your career and reputation coming to a disaster zone like this?