Wolves sack Gary O'Neil
Wolves have sacked manager Gary O'Neil in the wake of Saturday's 2-1 defeat by Ipswich Town.
The departure of O’Neil and his backroom staff comes just three days after Shi said the club were "united" behind O'Neil following Monday's 2-1 defeat at West Ham.
Saturday's defeat was their 11th in the Premier League this season - they have had only two wins - and leave Wolves 19th, four points from safety.
Wolves chairman Jeff Shi said: "We're very grateful to Gary for all of his effort, dedication and hard work during his time at the club, and we wish him and his team the best of luck for the future."
O'Neil replaced Julen Lopetegui just four days before the start of the 2023-24 season, with Wolves going on to finish 14th.
Reports in the media suggest that Wolves are lining up former Porto manager, Vitor Pereira, to be their next manager and hope to have him in place within the next 48 hours.