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Pereira sacked after 10 league games without a win
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Market reopens after Gary O'Neil withdras his interest
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Middlesbrough manager Rob Edwards the new 15/82.88 fav
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Friday 7 November
Middlesbrough manager Rob Edwards is the odds-on favourite at 3/101.30 to become the next Wolves manager after the Riverside club rejected an approach from Molineux bosses.
The press conference he was scheduled to attend today, ahead of Middlesbrough's home match against Birmingham tomrrow, has been cancelled which could indicated than announcement is imminent.
Edwards has been the favourite to fill the Wolves vacancy for day and appears to be edging towards moving to the Premier League club.
If he takes the job, he faces a huge task to keep Wolves in the Premier League. They are bottom on two points and 1/101.10 to go down.
Middlesbrough, meanwhile, could be heading the other way and are 15/82.88 in the Betfair Sportsbook's Championship promotion market.
Thursday 6 November
Middlesbrough manager Rob Edwards is the odds-on favourite at 17/201.85 to become the next Wolves manager.
The Boro boss played down reports linking him to the role earlier in the week but the market indicates that he will return to the club where he was previously a player and briefly interim manager in 2016.
Under Edwards, Middlesbrough have made a strong start to the season and sit third in the Championship. He previously got Luton promoted to the Premier League, although they were relegated under Edwards after one season in the top flight then struggled the following season.
The market has seen plenty of odds movement and Edwards' appointment is not a certainty. So who else is in contention for the Molineux hotseat?
Rui Vitoria is 10/34.33 second-favourite to continue Wolves' history of appointing Portuguese managers. The 55-year-old is out of work and most recently managed Panathinaikos of Greece. Wolves may prefer, however, to bring in somebody with experience of English football.
If so, ex-Manchester United boss Erik ten Hag [5/1] could be of interest. He was sacked by United a little over a year ago after two full seasons in charge. The Dutchman began this season with Bayer Leverkusen but was quickly dismissed after a poor start.
Whoever gets the job has a huge task to keep Wolves in the Premier League. They are bottom on two points and 1/101.10 to go down.
Tuesday 4 November
In a fascinating, and fast-changing betting market, current Middlesbrough manager Rob Edwards has gone favourite at 15/82.88 to become the next Wolves manager.
We reported last night that Gary O'Neil, who was the firm favourite for the job when Betfair suspended betting, had withdrew his interest in the vacancy and that former Manchester United boss Erik ten Hag was the new favourite at 2/13.00 when the market reopened.
Ten Hag is now out to 9/43.25 second favourite behind Edwards who is reportedly high on Wolves' shortlist of candidates to become the club's new manager following the sacking of Vitor Pereira on Sunday.
Edwards has made a fine start to his Middlesbrough career and has the Teesside club second in the table ahead of tonight's game at Leicester. In yesterday's pre-match press conference Edwards said the he was aware of the link and understood it as a former player for Wolves, but insisted that his focus is on "the brilliant job that I have here". It was later reported that Edwards does have a release clause in his contract with Middlesbrough.
Behind the front two in the market Robbie Keane - another former Wolves player - is the 4/15.00 third favourite while current Sporting Lisbon boss Rui Borges is the fourth favourite for the job at 7/18.00.
Monday 3 November
Betting has reopened in the Next Permanent Wolves Manager market after leading contender Gary O'Neil pulled out of the running on Monday evening.
On Sunday night O'Neil was backed into odds-on favourite for a sensational return to Molineux, less than 12 months after being sacked by the Premier League strugglers, and earlier today Betfair suspended betting as it appeared O'Neil was in advanced talks with the club.
But the 42-year-old has now withdrawn his interest meaning former Manchester United manager Erik ten Hag is the new favourite at 2/13.00 for the vacant position.
Ten Hag was sacked after just two league games in charge of Bundesliga outfit Bayer Leverkusen earlier this season, this coming after he was sacked by United four months into last season's Premier League campaign.
Former Wolves star Robbie Keane has also emerged as a candidate for the job and he is available to back at 10/34.33 in the market currently.
We will have further updates as news breaks and rumours circulate until a new manager is appointed.
Monday 3 November
Betting has been suspended on the next Wolves manager following a flurry of bets this morning.
More than a third of those were on former Wolves manager Gary O'Neil who looks to be the next man to take charge at Molyneux.
O'Neil, sacked by Wolves in December 2024, had been backed into 10/111.91 favourite to return to the club following the sacking of Vitor Pereira.
Now, less than one year since being removed from the post, he will likely be the next man in.
Wolves are bottom of the table having taken two points from 10 Premier League games. The Midlands outfit are 1/101.10 to go down.
Sunday 2 November
Former Wolves manager Gary O'Neil has been backed into 10/111.91 favourite to return to the club following the sacking of Vitor Pereira earlier today.
O'Neil, who guided Wolves to a 14th place finish in the 2023/24 season before being sacked in December 2024, was installed at 12/113.00 when the market first opened on Sunday afternoon but combined with some sustained support and various sources suggesting that he's a leading contender for the job, the 42-year-old is now a strong favourite for a sensational return to Molineux.
In a market that has completey changed from when it first opened, early favourite Brendan Rodgers is out to 7/18.00 for the job, while current Middlesbrough manager Rob Edwards is the new second favourite at 4/15.00.
Former Manchester United manager Ole Gunnar Solskjaer has also emerged as a candidate for the vacant role and is now available to back at 17/29.50 to succeed Pereira.
Sunday 2 November
Brendan Rodgers is the early 5/23.50 favourite to become the Next Permanent Wolves Manager following the sacking of Vitor Pereira on Sunday morning.
Rodgers could be tempted by a quick return to management after resigning from Celtec less than a week ago. The 52-year-old has a large bank of Premier League experience having managed Swansea, Liverpool and Leicester in England's top flight.
Wolves made the decision to sack Pereira after he'd failed to win any of his opening 10 Premier League games this season. He guided Wolves to safety last term and signed a new three-year extension to his contract in the summer, but he leaves with the club rock bottom of the table with just two points collected from a possible 30.
Former Manchester United boss Erik ten Hag has been installed the 5/16.00 second favourite for the Molineux job, while former Wolves boss Gary O'Neil is 12/113.00 to return to the club, the same price as former Wolves defender Kevin Muscat.
Ten Hag is said to be keen to return to management following a doomed stint at Bayer Leverkusen this season in which he was sacked after just two Bundesliga games, creating a record for the fewest league games in charge before being dismissed in Germany.
- Brendan Rodgers 5/23.50
- Erik ten Hag 5/16.00
- Sergio Conceicao 9/110.00
- Lee Carsley 11/112.00
- Gary O'Neil 12/113.00
- Kevin Muscat 12/113.00
- BAR 16/117.00
*Prices correct as of 14:00 Sunday 2 November
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