Dean Saunders has been sacked as Wolves manager following the club's relegation to League One.
Wolves today confirmed that assistant manager Brian Carey will also leave the club.
In a statement today, Wolves said that they have begun a recruitment process for a new manager to lead the side in League One.
The club added that they will now take as long necessary to make the appointment and there will be no publicly communicated timescales.
Wolves said they would like to thank Dean Saunders and Brian Carey for their efforts and wish them both the very best for the future.
In a poll on the Express & Star website, 73% of readers said they thought Dean Saunders should be replaced ahead of the new season.