Mr Wallace said he was sure fans would welcome Mr Jackson and Mr Olding back to Ulster's Kingspan stadium if they return with another club against their old side.
It will be three weeks tomorrow since Paddy Jackson and Stuart Olding were cleared of the rape of a woman in Belfast.
"I have my own views on that obviously, but I think someone from Ulster Rugby needs to come out and make that very clear".
In a press conference held today ahead of Saturday's PRO14 clash against Glasgow, Herring read out a statement on behalf of the province's players.
"The decision itself was probably the decision that had to be made, given the public pressure that was mounting and the sponsorship issue", he said.
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Mr Comey told ABC News that he believes there is "certainly some evidence of obstruction of justice ". Lynch also says that Comey never raised any concerns with her regarding the email investigation .
Clermont have poured cold water on suggestions that they're interested in signing Paddy Jackson.
"We know that the two boys will be successful both on and off the pitch wherever they go".
Mr Logan insisted sponsorship money did not have any impact on the club's decision.
"We have taken on board everybody's views right across society, right across our supporter group, our sponsor group, our players, clubs, volunteers, we are part of society".
The Ulster supremo added that the morale in the team, which has been struggling this season, had also taken a battering.
"One, is to ensure that the existing reinforcement programmes that players receive and people across rugby receive are as effective as possible".
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But state TV focused on criticizing the West for acting on the basis of what Moscow called a faked chemical attack . It says Syria's chemical weapons programme has been set back years.
"We are going to put the decision behind us and move on".
"I think the players and the staff and wider rugby has done well to do as well as they have done in very hard circumstances".
A former Ulster and Irish worldwide has called on rugby authorities to explain why they sacked Paddy Jackson and Stuart Olding.
"It has been extremely hard and traumatic for everybody involved in the case".
"The decision is made and we have got to manage the future now".
Logan also rejected criticism that the two players, whose contracts were revoked at the weekend, had been effectively hung out to dry by their club and country.
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However he said that in any contractual relationship between and employer and employee it is "not proper to disclose all confidential matters".