Wolves have terminated the contract of their manager, Kenny Jackett, with immediate effect, bringing to an end his three-year spell in charge a week before the new Championship season starts.
A statement released at 11pm on Friday night said that the new “main Wolves director”, Jeff Shi, had made the decision to relieve Jackett of his duties following discussions over the past few days.
Shi is quoted as saying: “I would like to sincerely thank Kenny for everything he’s done for Wolves over the last three years.
“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.”
The decision comes four days after the club said Jackett’s position was not under threat. The takeover of Wolverhampton Wanderers by the group fronted by Shi, Fosun International, was completed last week.
