Next Leicester Manager Odds: O'Neil Odds-On For Foxes Role

The new Championship season is just a month away, but Leicester are still searching for a new manager to replace Ruud van Nistelrooy.

The Dutchman was shown the door four weeks after the season concluded with the Foxes' relegation from the Premier League, although their fate was sealed with five games remaining.

A number of managers have been linked with the position, but Gary O'Neil is now the odds-on favourite with betting sites.

The Leicester hierarchy are said to be close to deciding on their next boss, and an announcement is expected this week.

The leading candidates will not only have to cope with the pressure of trying to win promotion back to the Premier League, but they might also have to deal with a points deduction.

The Premier League has charged City with breaching the Football League’s financial rules during the 2023/24 season, when they were in the second tier.

For now, the focus is on finding someone to take the reins at the King Power Stadium.

Below, Gambling.com takes a look at some of the potential candidates and the latest next Leicester manager odds. 

O'Neil Strong Favourite For Job

O'Neil was recently 11/10 favourite for the job, and according to The Telegraph's Midlands correspondent John Percy, he is reportedly one of two out-of-work managers who held talks with the Leicester board last week.

After a flurry of support on betting apps, his odds have been slashed to 1/2.

The former Bournemouth boss has been out of work since Wolves sacked him in December, but his knowledge of the game would be ideal for a club like Leicester.

O'Neil has plenty of experience managing in the Premier League, and he might fancy the task of leading the Foxes back to the top flight.

Next Leicester Manager Odds 

Wilder Would Bring Experience

Chris Wilder's second spell as Sheffield United manager ended in June, less than four weeks after his side lost to Sunderland in the Championship play-off final.

The Yorkshireman knows a thing or two about promotion, something he has achieved in all four divisions from the National League to the Championship, but his most recent success came six years ago when the Blades finished runners-up in the second tier.

United were viewed as a breath of fresh air in the Premier League during which Wilder introduced the overlapping centre-back.

Although they finished in the top half of the table upon their return to the top flight, they struggled in the following season, and Wilder was shown the door for the first time.

He was 20/1 last week, but Football League World revealed at the weekend that Wilder has held discussions with Leicester's owners, and he is now 3/1 second favourite with football betting sites.

Foxes Could Rohl With Danny

Danny Rohl worked wonders at Sheffield Wednesday under difficult circumstances, but a compensation package is being discussed ahead of his expected exit which has yet to be announced.

The German is regarded as one of the brightest young coaches in the game, despite the Owls missing out on the play-offs.

Unpaid wages and unrest between supporters and owner Dejphon Chansiri have made Rohl's life difficult at Sheffield Wednesday, who are also under a transfer embargo for the next three windows.

Leicester have troubles of their own, but not on the same scale as Sheffield Wednesday, so the job remains enticing for a coach of Rohl's calibre.

He is one of the many candidates being considered by Leicester and is 5/1 with most bookmakers to land the Foxes job.

Dyche Drifts In The Market

Former Burnley manager Sean Dyche had been towards the head of the betting since Van Nistelrooy was dismissed, but his odds are on the drift after market support for O'Neil. 

He twice won promotion to the Premier League with the Clarets, but is out of work after being axed by Everton in January, almost two years into his reign.

Furthermore, Dyche lives in nearby Northampton, so he is within commuting distance of Leicester's training ground and is used to firefighting, as he proved at cash-strapped Everton.

Since leaving Goodison Park, Dyche has been linked with several vacancies and is now 6/1 for the job with William Hill.

Carsley A Man In Demand

Before Lee Carsley took over as manager of England U21s, the team had gone 19 tournaments without being crowned European champions.

Under Carsley, the young Lions have won back-to-back European championships, with a 3-2 extra-time win over Germany sealing their latest success.

Carsley can expect a number of calls from clubs looking to persuade him to try club management, although there is no guarantee he will make the switch.

The former Everton midfielder signed a new five-year contract to stay with the Football Association at the start of June, but he is 10/1 to take the Leicester job.  

Carrick On The Market

Michael Carrick is currently without a job following his departure from Middlesbrough, who parted ways with him after the club narrowly missed out on a play-off spot last season.

Despite the disappointment, Carrick’s managerial stock remains strong. He took charge with Boro struggling in 21st place in the Championship and oversaw an impressive resurgence.

Replicating that kind of turnaround at a club like Leicester City is not beyond him, and the former Manchester United midfielder is currently rated a 16/1 contender for the role.

King Unlikely To Step Up

Former Leicester midfielder Andy King has been placed in temporary charge of first-team affairs since Van Nistelrooy's departure and is 16/1 to be handed the reins on a permanent basis.

King took charge of City's first pre-season friendly at Seagrave on Saturday, a 3-1 victory over Peterborough during which he fielded 11 players from the club's academy.

The ex-Wales international is unlikely to get the Leicester job, as his remit is to ensure the players are fit when the new manager is installed.

Rosenior Can Offer Plenty

Liam Rosenior’s reputation has only grown since his controversial sacking by Hull City after narrowly missing the 2023/24 play-offs. 

Tigers fans now regret owner Acun Ilicali’s decision, especially after a dismal season that nearly ended in relegation. 

Rosenior took charge at Ligue 1 side Strasbourg, who secured a Europa Conference League spot by finishing seventh, thanks to PSG’s Coupe de France win.

It’s a remarkable achievement for a club previously stuck in the bottom half, and Rosenior may now have his sights set even higher.

He is 20/1 to be the next Leicester manager, the same price as former Southampton boss Ralph Hasenhuttl.

Hasenhuttl spent last season at Wolfsburg, but was sacked following a 4-0 Bundesliga defeat by Borussia Dortmund.

Wagner A Dark Horse For Foxes Role

Former Norwich boss David Wagner is seen as a 25/1 chance to get the Leicester job.

The German secured promotion to the Premier League with Huddersfield in 2017 and knows the Championship well.

However, his career has been mixed since his amazing achievements with the Terriers.

Spells at Schalke and Young Boys ended in disappointment, and he lasted just over a year in charge at Norwich despite leading them to the play-offs.

Elsewhere, former Rangers and Aston Villa manager Steven Gerrard is 25/1, while ex-Norwich boss Johannes Hoff Thorup can be backed at 28/1.

Those are the runners and riders, but who would Leicester fans like to see as their next manager?

Comment below about the perfect replacement for Van Nistelrooy.