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Mick McCarthy has been sacked from his position as Wolves manager after club owner Steve Jones decided that yesterdays’ 1-5 defeat to West Brom would be the final straw.
The heavy loss was yet another blow that Wolves have suffered this Premier League season, with them only managing to accumulate 14 points in their last 22 league games.
The club released a statement on their official site which read: "Wolves have today announced that manager, Mick McCarthy, has left the club with immediate effect.
"The Board took the difficult decision to terminate Mick's contract after a run of form which has seen Wolves pick up only 14 points in the last 22 League games, after a promising start to the season, culminating in yesterday's 5-1 defeat at home to West Bromwich Albion. Terry Connor will take charge of team training in the interim until a new manager is appointed.
"The Board would like to place on record their sincere thanks and appreciation to Mick McCarthy and he leaves with the very best wishes of everyone connected to the club."
The 1-5 loss to the Baggies saw many fans protesting after the final whistle had been blown, with over 200 demonstrating outside of the ground. During the match many others vented their frustration towards the directors’ box.
McCarthy has been known to inspire loyalty in his players and his five-and-a-half-year tenure at Molineux had its plus points, including two opening victories in their league fixtures that gave fans a surge of optimism for a mid-table team, but after these victories were followed by an eight game losing streak McCarthy’s grasp on his squad started to slip at a rapid pace.
Following the loss to West Brom, McCarthy said: "I apologise for the performance and I've never done that before in 20 years of management, but I feel it's warranted; we were awful in the last half an hour.
"It was my most difficult day as a manager. We capitulated which is not something associated with me or my teams."
Steve Bruce and Alex Curbishley are being suggested as McCarthy’s most likely replacements, with Neil Warnock also being named.