Wolverhampton Wanderers have reportedly offered Kenny Jackett the opportunity to manage the club in League One next season.

The speculation has surfaced just a matter of hours after Wolves parted company with Dean Saunders, while Jackett himself only left his role with Millwall earlier today.

However, despite the fact that the position at Molineux has only just become available, the club's board are eager to make a quick appointment, according to the Express & Star.

News of the report has resulted in Jackett being made the clear favourite to replace Saunders with the bookmakers.