Next Tottenham Manager: Nuno favourite as he leaves Wolves

A sensational afternoon for manager news rocked the Betfair markets where Nuno Espirito Santo, who will leave Wolves at the end of the season, went on odds-on to become the next Tottenham manager.

The Portuguese is stepping down from the Molineux job by mutual consent after Sunday's match against Manchester United.

The news could put Spurs CEO Daniel Levy on alert as he searches for a successor to Jose Mourinho.

Nuno is 3/10 to take over at Spurs after being "relentlessly backed from 20/1" said one Betfair trader. The next candidate in the betting, Erik ten Hag, is 7/1 after signing a new contract at Ajax.

Lage leads list of candidates to succeed Nuno

Santo has been at Wolves for four seasons and guided the club through the best period in their recent history, taking them into Europe after one season in the Premier League.

The candidates to succeed him include Bruno Lage 4/1 who used to manage Benfica.

Vitor Pereira 5/1 is another who could attract the attention of Wolves' Portuguese owners.

Rafa Benitez will always be talked about as long as he's out of work and could be a runner at 8/1.

Then there's Rui Faria - Mourinho's former assistant - at 9/1.