Potter has faced increasing pressure after the team's recent loss to Crystal Palace at London Stadium.
The match ended with a 2-1 victory for Palace, while thousands of fans organized a pre-match protest against the board.
According to reports, internal discussions are underway regarding Potter's position and possible successors.
Former Wolves manager Gary O'Neil and former West Ham manager Slaven Bilic, who is currently a free agent, are among those being considered.
Potter has led the team in 25 matches since his appointment, resulting in six wins.