Wolves have sacked Bruno Lage as head coach at Molineux.
The 46-year-old has paid the price for overseeing an awful run of results either side of the summer.
Wolves failed to win any of their last seven matches at the end of 2021/22, which cost them a European place.
And this term, it is just one win from eight games in the Premier League, and just three goals scored.
It has been a hugely disappointing start to the new campaign, after the manager had been heavily back by Fosun.
Top players like Matheus Nunes, Goncalo Guedes and Nathan Collins all came in, and the hope was that Wanderers would greatly improve as a result.
But it’s been a big struggle this season, especially in the final third.
Wolves have now officially sacked Lage and his coaching staff following yesterday’s defeat to West Ham United.
According to BBC journalist Simon Stone, Wolves officials felt they had no choice but to act, and they had also seen the fan reaction to the latest defeat.
He added that Wanderers were unlikely to name a replacement for Lage before the next game with Chelsea on October 7.
And the club have suggested they may not be hiring someone in the coming week in their announcement about Lage.
They say Steve Davis and James Collins, of the U18s and U21s respectively, will prepare the team for Chelsea.
Wolves officials must now work overtime to replace Bruno Lage
Wolves officials must now replace Lage, but it will not be an easy task.
There aren’t many great managers out there that are currently unattached. So Fosun may need to spend a bit of money to prise someone away from another club.
Wolves officials have to get this next appointment right.
Failure to do so could potentially lead to a relegation battle.