Former Norwich City player Steve Bruce early favourite to replace Mick McCarthy at Wolves

Former Norwich City defender Steve Bruce has been installed by bookies as the early favourite to replace Mick McCarthy as Wolves manager

McCarthy was sacked by the Premier League club today following Sunday's 5-1 defeat by rivals West Brom.

A club statement 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.'