Wolves have sacked head coach Kenny Jackett just a week before the start of the Championship season.
Jackett was relieved of his duties on Friday, with Wolves set to name a replacement in due course.
The 54-year-old had been at Molineux since 2013, guiding Wolves back to the Championship in his first season following a record 103-point haul.
Wolves finished seventh the following season, missing the play-offs on goal difference, while Jackett could only lead the club to 14th last term.
I would like to sincerely thank Kenny for everything he s done for Wolves over the last three years, said Wolves director Jeff Shi.
He s shown true professionalism during his tenure and over the course of the transition to new ownership.
I would like to wish him all the very best for the future.
After hosting Premier League outfit Swansea City in a friendly on Saturday, Wolves will open their 2016-17 Championship campaign at Rotherham United on August 6.