Next Newcastle Manager: Bettors back Magpies for relegation after Eddie Howe leaves

30 July - Betfair punters back Newcastle for drop after shock Howe exit

Newcastle United were backed into 12/113.00 from a high of 33/134.00 for relegation on the Betfair Sportsbook after Eddie Howe's shock departure from the Premier League club.

You can check out the latest odds here in a fast moving market but all the momentum is with Newcastle who, at the time of writing on Thursday morning, have received eight per cent of bets since the betting opened.

Even more astonishing, in the last hour 100 per cent of Premier League relegation bets have been on Newcastle.

Last 20 bets on the Premier League relegation market...

Newcastle
Newcastle
Newcastle
Newcastle
Newcastle
Newcastle
Newcastle
Newcastle
Newcastle
Newcastle
Newcastle
Newcastle
Newcastle
Newcastle
Newcastle
Newcastle
Newcastle
Newcastle
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Newcastle

😬 #NUFC

-- Betfair (@Betfair) July 30, 2026

Howe's exit is a shock, coming just over three weeks before Newcastle host Liverpool on matchday one of the new season.

It wouldn't have been a huge surprise at the end of last season, after the Magpies finished a disappointing 12th, but all the indications were that Howe would be in charge in 2026/27.

What next for Eddie Howe? England role the favourite

Betfair have opened a market on his next job and England are 3/14.00 favourites.

He could be in demand after reviving Newcastle's fortunes, albeit with the help of the funds made available by the club's Saudi Arabian owners.

Howe took Newcastle from relegation battles to the Champions League and also won the club's first silverware for over half-a-century when they triumphed in the Carabao Cup in 2025.

His final match in charge was a 4-1 defeat by Bristol City in a pre-season friendly on Wednesday.

A summer of exits from St James' Park may have been a contributing factor in Howe's departure.

Midfielder Sandro Tonali was sold to Tottenham while Newcastle let Anthony Gordon go to Barcelona before the forward's impressive World Cup with England.

Will Bruno join Eddie in leaving Newcastle?

Bruno Guimaraes, meanwhile, has been linked with a move to Arsenal. Betfair ambassador Alan Shearer discussed Newcastle's transfer policy in his recent column for this site.

We'll have more news as we get it with the latest Betfair prices on who will succeed Howe as Newcastle manager.

Now read Premier League 2026/27 preview with prices on big teams' multiple trophy chances