Cambridge United have appointed former Notts County boss Shaun Derry as their new manager.

The League Two club have been hunting for a new coach after sacking Richard Money at the start of the month following a three-year spell.

Derry, who retired from playing earlier this year, has been out of work since March after he was sacked by Notts County when the club were just one point above the relegation zone in League One.

A statement on the club's official website read: "Cambridge United Football Club are pleased to announce the appointment of Shaun Derry as the club's new Manager on a contract until the end of the 2017-18 season."

Derry will be officially unveiled at a press conference at 3pm today.