Strachan and Hart in running as Leeds end Reid's reign

Leeds United will today announce that Peter Reid has been sacked as manager following his side's 6-1 defeat at Portsmouth on Saturday.

The decision to replace Reidwill be confirmed today, but the search for his successor has already begun.

The Leeds deputy chairman, Allan Leighton, is arranging an injection of transfer funds from a new Arabian backer who is willing to make around £10m available to strengthen the squad, and the heavily indebted club want a new man in charge to spend that money.

Leeds hope to appoint a manager connected with the club, and Paul Hart and Gordon Strachan are the front-runners. Hart, the former youth director at Leeds, is manager of Nottingham Forest who would expect a compensation figure ofaround £250,000 should he elect to return to Elland Road.

Strachan has more Premiership experience, but he has taken Southampton to new heights and would need more than an emotional pull to return to Elland Road. If funds are found to strengthen the squad, however, the former Leeds player may yet be persuaded.

Leeds remained rooted to the foot of the Premiership table after Saturday's defeat, their fifth in succession, and after the match Reid admitted his position was again in doubt.

"At the age of 47 I'm not going to start resigning now," he said. "Whether I'm still in charge for the next match is somebody else's decision."

Dennis Wise will be named Millwall's new manager today after deciding to take on the post at the second time of asking. The former Wimbledon and Chelsea midfielder has enjoyed the challenge in his first few games in charge on a trial basis and is now ready to become the Millwall player-manager on a permanent basis.

Millwall lost at Norwich City on Saturday, but Wise's appetite has been whetted by the response from the players since he was promoted after Mark McGhee was fired.

The Millwall chairman, Theo Paphitis, had agreed to a four-game trial period when Wise first took overand has seen enough on and off the pitch to ask Wise to continue in charge.