Wolves confirm Dean Saunders appointment as new manager

Wolves have confirmed Dean Saunders as their new manager after agreeing compensation with Doncaster.

The npower Championship club have moved quickly to replace Stale Solbakken after the Norwegian's ill-fated reign came to an end with a 1-0 defeat to non-league Luton in the FA Cup on Saturday.

Saunders began his management career with Wrexham in the Blue Square Bet Premier before taking over at Doncaster.

A statement on Wolves' official website read: "Wolves are delighted to confirm that Dean Saunders is to become the club's new manager.

"Compensation has been agreed with Doncaster Rovers to allow the 48-year-old to take over at Molineux following Saturday's departure of Stale Solbakken."