Wolves chief executive Jez Moxey was keen to point out this was not just about the appalling Black Country derby capitulation to West Brom, but rather the dismal haul of 14 points from 22 games.
If that's the case there were certainly more logical times to have made this decision.
How about Boxing Day 2010 with the club bottom of the league and boyhood Wolves supporter Sam Allardyce recently ousted from the Blackburn hot-seat?
Or when Sunderland acted to lure Martin O'Neill back into management with Wolves having taken just four points from their last 10 games?
Perhaps even last month when McCarthy's men were six games into a run of 11 without a win and Mark Hughes returned to Premier League management with Queens Park Rangers?