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Derby County sacked Phillip Cocu last weekend with the club bottom of the Championship and winning just one of their first 11 league games of the season.
The Rams who are subject of an Arab takeover will be looking for a new boss to lead the club in a new direction.
Manchester United legend Wayne Rooney, Liam Rosenior, Shay Given and Justin Walker have been left in charge of training and will handle the club on interim basis, starting with Saturday’s game away at Bristol City.
A £60million takeover by Sheikh Khaled Zayed Bin Saquer Zayed Al Nayhan is close to completion, and the rich owner may not be in favour for Rooney to take charge of the club.
Sheikh Khaled is yet to decide on his first-choice manager and hasn’t made contact with Rooney or his camp during their bid to buy the club.
According to reports, the new owners are interested in John Terry taking charge of the club, having had some managerial experience working with Dean Smith as Aston Villa assistant manager.
The two former England captains are among the favourites for the job, with former Liverpool boss Rafa Benitez also believed to be in the running.
A Chelsea legend, Frank Lampard, had done well with the Rams, and another Blues legend might just Kickstart his career there as well.