Nottingham Forest confirmed on their official website on Sunday that manager Dougie Freedman has been sacked, following a 3-0 defeat to Sheffield Wednesday on Saturday.
Freedman, who was appointed in February 2015 following the departure of Stuart Pearce, won 33% of his games as Forest boss,working under difficult circumstances with the club's Financial Fair Play problems.
However, five defeats in the last six games - Tuesday's win over Preston generated Forest's only points since beating Leeds 1-0 on February 6th - Freedman has now gone, leaving Forest to search for another manager this summer, given that Paul Williams will take charge of Forest until the end of the season.
Regardless, bookmakers are pricing up odds for who could become Forest's permanent manager this summer, with odds compiled here by Oddschecker. Here are some of the most interesting candidates...
Nigel Pearson: Out of work since last summer having left Leicester City, the Nottingham-born manager is the early favourite with the bookmakers at 4/1. A tough manager who took Leicester to the Premier League, Pearson may be the choice of most Forest fans.
Billy Davies: The Scot, who has already had two controversial spells as Forest manager, has been a free agent since leaving the City Ground in March 2014. Davies won 78 of his 186 games in charge of Forest over his two spells, and is in as the second favourite at 6/1.
David Moyes: Another Scot, Moyes is bound to be in demand this summer having left Real Sociedad in November. The former Everton boss has seen his career nosedive since replacing Sir Alex Ferguson at Manchester United in 2013, and may see Forest as a way to rebuild his reputation. Currently a 10/1 shot.
Garry Monk: Harshly sacked by Swansea in December, Monk is still a promising young manager. The 37-year-old had some real highs at Swansea and will be looking to prove himself elsewhere this summer, with a Championship job more likely than a Premier League return right now. 8/1 for the Forest job right now, they should be interested in his services this summer.
Paul Clement: This one probably wouldn't be too popular at the City Ground. Clement was recently sacked by bitter rivals Derby County, and whilst he had a great reputation as a coach with Paris Saint-Germain and Real Madrid, Clement struggled in his first managerial job. He's 12/1 for the Forest job, but they must be willing to give him plenty of time if they do go down this route, unlike Derby did.
Nigel Clough: Much like Pearce and Freedman, this would be an appointment with history in mind. The Burton Albion boss is the son of Forest legend Brian Clough, and had a superb playing career for the club, scoring 102 goals in 324 games for Forest. Lost his job at Sheffield United last summer, but has Burton Albion on the brink of a stunning promotion to the Championship. Currently as short as 10/1, expect to hear Clough's name in the conversation.
Dan Petrescu: Forest may look to go for a foreign manager, and Romanian Petrescu is one of the most intriguing suggestions from bookmakers. The former Sheffield Wednesday, Chelsea, Bradford City and Southampton left back is currently managing in China with Jiangsu Suning, but is 16/1 for the Forest job, in what would be a fascinating appointment.
Aitor Karanka: Confusion surrounds the Spaniard's future at Middlesbrough, after the club released a vague statement announcing that he didn't take training on Saturday morning, and wasn't in the dugout as Boro lost to Charlton on Sunday. Widely expected to leave the Riverside Stadium in the near future, Karanka may still be in demand, and Forest could target him immediately. Currently as short as 10/1.
Mark Warburton: Inexplicably let go by Brentford at the end of last season, Warburton has unsurprisingly worked wonders at Rangers. The Gers are set for promotion from the Scottish Championship under Warburton, who has lost just two league games all season. The Englishman may be tempted back down south of the border in the future, but at 20/1, a move to Forest seems unlikely right now.
Who would you like to see Forest appoint as their new manager?