The team finished 16th and stayed up on their return, but were relegated after a 20th-place finish in 2018–19. Wagner left the club by mutual consent in January 2019, and was replaced by Borussia Dortmund II manager Jan Siewert, but Town were relegated in March with six matches remaining. The team amassed only three wins and 16 points by the end of the season. Chairman Hoyle announced his departure in May 2019, selling the club to businessman Phil Hodgkinson, relinquishing the post due to poor health. Siewert was replaced by Lincoln City manager Danny Cowley in September of that year, who guided the club to survival in the Championship before being sacked. Leeds United assistant coach Carlos Corberán was appointed as the club's new head coach in July 2020.