Monk odds-on for Swansea job

  • By: Andy Schooler
  • Last Updated: February 5 2014, 9:14 GMT

Garry Monk was made the odds-on favourite to take over as manager of Swansea after Michael Laudrup was sacked.

Garry Monk: In charge 'for the foreseeable future'
Garry Monk: In charge 'for the foreseeable future'

The Swans defender was handed the reins and the title of "head coach" by the club on Tuesday night. The Premier League strugglers said he would work alongside existing first-team coach Alan Curtis "for the foreseeable future".

That statement meant most firms were initially reluctant to price up a next Swansea boss market. The various layers have different rules about how to settle such manager markets.

Betfred put Monk up at 8/13, with Stan James offering 1/3.

Curtis was pushed in from 25/1 to 7/1 with the latter firm but Betfred were prepared to take a chance by offering 33s.

Stan James kept Graeme Jones, currently assistant manager to Roberto Martinez at Everton, short. He was offered by them at just 6/4 having been linked with the job in the morning's newspapers. Betfred went 15/8.

Swansea have struggled almost ever since last season's Capital One Cup triumph at Wembley.

They are currently 12th in the top flight but sit just two points above the relegation zone.

Explaining the decision to ditch Laudrup, chairman Huw Jenkins said: "We had to remove the constant uncertainty surrounding the club and Michael's long-term future with us.

"I had a meeting with Michael today in a final attempt to support him and establish a way to improve the work of the backroom team to secure the results we need over the final 14 Premier League games.

"However, after thinking long and hard about the best way forward, I felt it was unlikely we would achieve a stable environment at the club to allow us to get back to basics and produce the performance levels that have served Swansea City so well over the last few years."

William Hill were quick to produce a new Premier League 'sack race' market - making no manager to go their favourite.

However, with that option at 7/4 it is still considered more likely than not that a manager will leave his post between now and mid-May.

Norwich boss Chris Hughton could be backed at 7/2 with Fulham's Rene Meulensteen, only appointed in December, next at 9/2.

  • Updated at 2055 GMT on 04/02/2014.