Aston Villa have confirmed on their official website that they have parted company with manager Tim Sherwood following a 2-0 defeat to Swansea City.
Sherwood may have taken Villa to the FA Cup final and kept them in the Premier League at the end of last season, but this season has been much more of a struggle.
After losing Fabian Delph and Christian Benteke, Sherwood has won just one league game this season, and whilst much of that is down to the poor summer signings, it is Sherwood who has paid the price by being sacked just eight months in to the job.
Bookmakers are pricing up odds for who could replace Sherwood - here are some of the notable names involved this evening, with odds compiled by Oddschecker.
One of the biggest movers in the market today has been Nigel Pearson. The former Leicester boss, who left the King Power Stadium over the summer, could be looking for a return to management, and Villa may give him the ideal opportunity to rescue another club from relegation. Having worked miracles with Leicester last season, there has been plenty of movement on Pearson today, with odds now as short as 4/1.
The big shock of the day has come in the form of Justin Edinburgh. The former Tottenham star, who played alongside Tim Sherwood at White Hart Lane, has made his way up through non-league to Gillingham, who are enjoying a sensational start to the League One season. Now at 12/1, Edinburgh could be a shock candidate for the role, despite never having managed above League One.
One of the favourites with supporters has been David Moyes. The former Everton and Manchester United boss is currently managing over in Spain with Real Sociedad, but their less than stellar start to the La Liga season has piled the pressure on Scot Moyes. A move back to the Premier League seems almost inevitable at some stage, but his odds have drifted back out to around 7/1, which still makes him one of the favourites with Aston Villa.
American owner Randy Lerner will certainly be familiar with Bob Bradley, having impressed with the United States national team. Now with Stabaek in Norway, Bradley may deserve a bigger job, and Villa may be the ideal place for him to step up. His son Michael had a spell with the club in 2011, but Bradley's odds are now drifting back out to around 33/1, making him an outside bet right now.
The clear favourite ever since Villa announced Sherwood's departure has been Remi Garde. The Frenchman, who played under Arsene Wenger at Arsenal, has been out of management since leaving Lyon in 2014, and could look to make his return now. Despite reports from The Mirror that there has been a hold-up in a move for the 49-year-old, bookmakers still have Garde as the odds-on favourite for the job.
Who do you want as the new Aston Villa manager?