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Dean Saunders' successor as manager at Molineux faces "a massive task" to lift the club in readiness for an instant return to the npower Championship, says former Wolves goalkeeper Matt Murray.

The Wolves players have to realise that in every single game they're going to be a massive scalp

In the Championship Wolves are a big scalp, but in League One other clubs will go there desperate to play them and when they go away to these teams, it's going to be a lion's den.

I think they've still got £16million of parachute payments and everything else, then I believe Wolves can get back.

But the appointment, the person who comes in, it's a massive task just to lift the whole place.

Wolves sacked Saunders following the club's relegation to League One and are now in the hunt for their fifth permanent manager in less than 15 months.

Owen Coyle, Peterborough's Darren Ferguson and Kenny Jackett, who resigned as Millwall boss, have been installed among the early favourites.

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ITV Central News have come up with their list of five possible replacements for Dean Saunders, who was sacked by Wolverhampton Wanderers this morning.

Let us know who your preferred candidate is on Twitter.

• Championship

Sky Sports News are reporting Dean Saunders has been sacked as manager of Wolverhampton Wanderers following the club's relegation from the Championship.

• Championship

I'd imagine a lot of the players won't want to stay.

Once we get through this week and get to the end of the season, we'll probably have a meeting - myself, Jez and the chairman - and we'll draw a plan up.

• Championship
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