Wolves have sacked Gary O'Neil after losing at home to Ipswich, with Vitor Pereira the favourite to replace him at Molineux.
O'Neil could only guide Wolves to two wins this season, with four straight defeats spelling the end of his 17-month tenure.
Wolves look to be moving swiftly with Portuguese manager Vitor Pereira the strong favourite in the market, with reports suggesting the club want the deal done in the next 48 hours.
Next permanent Wolves manager ()
- Vítor Pereira - 1/6
- Ole Gunnar Solskjaer - 8/1
- Carlos Corberan - 10/1
- David Moyes - 12/1
- John Eustace - 12/1
- 25/1 bar
Odds correct at 1035 GMT (16/12/24)
Pereira is currently manager of Al Shabab in Saudi Arabia and has managed all over the globe. He's had spells in Brazil, Turkey, China, Germany and Portugal but never England.
He did come close to taking over at Everton in 2022, but that move fell through, with the Toffees appointing Frank Lampard instead following a backlash from the club's supporters.
If appointed, he would be the third Portuguese manager of Wolves since 2017.
A tough schedule for the next manager
Whoever comes in will have a big job on their hands picking the players up following such a devastating late defeat to fellow strugglers Ipswich at the weekend, conceding a 94th-minute winner, with that result leaving them second from bottom of the table and four points from safety.
Another problem for the new manager will be suspensions of key players following post-game altercations.
Rayan Ait-Nouri saw a second yellow after the final whistle on Saturday, while Matheus Cunha could also be handed a retrospective ban for his role in the scuffle.
Wolves face fellow strugglers Leicester next week.
After playing the Foxes, they play Manchester United, Tottenham and Nottingham Forest before an FA Cup match against Bristol City provides some respite.
They then take on Newcastle, Chelsea, Arsenal, Aston Villa and Liverpool.
More from Sporting Life
- Fixtures, results and live scores
- Expert xG analysis and features
- Transfer news and done deals
- Football and other sports tips
- Download our free iOS and Android app
- Podcasts and video content
Safer gambling
We are committed in our support of safer gambling. Recommended bets are advised to over-18s and we strongly encourage readers to wager only what they can afford to lose.
If you are concerned about your gambling, please call the National Gambling Helpline / on 0808 8020 133.
Further support and information can be found at and .