Alex Ferguson and Manchester United shocked the football world when they announced Ferguson’s retirement from the game and they moved fast to fill the vacancy.

David Moyes had long been touted as Ferguson’s long-term replacement and so is it was to be as he was announced as the new manager days after the Ferguson news, throwing out rumours of a Jose Mourinho move to Old Trafford.

Moyes’ move leaves another high profile managerial vacancy and we take a look at some of the leading candidates for the Next Everton Manager as well as highlighting the best prices available.

Neil Lennon heads up the market for the ‘Next Everton Manager’. A rush of money saw Lennon move from big prices down to 2/1 but has now settled at a best price of 7/2 with Stan James after attempting to distance himself from the job. Lennon would be a surprise appointment for most due to his short spell as a manager and despite his success at Celtic many claim that he has proved little in that role.

If Everton were to look to a fellow Premier League club for their next manager there seems to be a number of options, namely Roberto Martinez from Wigan, available at 4/1 with BetVictor, and Michael Laudrup from Swansea, who can be backed at 28/1 with bet365.

Martinez has done a solid job at Wigan with little resources and his name comes up most times there are managerial vacancies in the Premier League and it seems like he would be a good fit with Everton. In reality, he has made a career recently of saving Wigan from relegation late on in the season and at 4/1 seems short enough.

Laudrup could be an interesting one. He has done a fantastic job in his first season at Swansea, leading them to the Capital One Cup as well as producing a solid top half finish in the Premier League. A thing to note about Laudrup is his tendency to remain in managerial roles for a short period, both through choice and not. He lasted only one year at Getafe and Mallorca before resigning whilst he was sacked at Spartak Moscow. If following that pattern, maybe he’ll move on again this summer?

A number of current Championship managers are listed in the running for the role: Malky Mackay (Cardiff) is 4/1 with BetVictor, Dougie Freedman (Bolton) is 25/1 with SkyBet, and Gus Poyet (Brighton) is available at 33/1 in most places. All 3 have done good jobs at their respective clubs in relatively short-periods.

From abroad, the Porto manager Vitor Pereira is the most touted name and after early support has drifted to 25/1 with Stan James. The feeling is that Everton will go for a home-grown manager but another name in the foreign manager category is Slaven Bilic, who played for a number in seasons in England, notably with Everton for a spell. However, he has fairly recently taken the manager’s position at Spartak Moscow and is available to back at 40/1 with SkyBet.

Managerial markets are tough to negotiate and extremely volatile, and they should be played with caution. Nothing seems certain in the Next Everton Manager market and if playing it could be an idea to pick out a couple of bigger priced selections and keep stakes small. Maybe the previously mentioned Laudrup at 28/1 or even Roberto Di Matteo who can be backed at 50/1 with BetVictor despite being 10/1 in other places.