Ancelotti backed for Man Utd job
There was a big move for Carlo Ancelotti in the next Manchester United manager market on Wednesday.
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The former Chelsea boss, currently at Real Madrid, was cut to as short as 4/1 at one point following the gamble. That was later pushed out a tad with a best of 7/1 (Boylesports) being available come late afternoon.
Several national newspapers had linked the Italian with the post, vacated on Tuesday by David Moyes.
Sky Bet's Marcus Berry, whose firm were one of those who slashed the price into 4/1, said: "We started to see money on Ancelotti from around 11pm last night at 16/1 and we have seen a steady stream which has carried on this morning and meant his price has shortened to 4/1.
"I can see this market having many twists and turns before someone is appointed though."
BetVictor's Charlie McCann added: "There have been suggestions that the Glazers' choice to replace Sir Alex Ferguson was Carlo Ancelotti and the Real Madrid coach might become available if the Whites don't win either the La Liga title or the Champions League."
Real are currently third in the Spanish league and face Bayern Munich in the Champions League semi-finals over the next week.
Louis van Gaal ended the afternoon odds-on across the board having been backed in on Tuesday following Moyes' sacking.
Paddy Power were left offering a top price of 5/6 about the current Netherlands coach, who is due to lead the side at the World Cup this summer.
That could make an appointment by United tricky as he could potentially be in Brazil until mid-July.
Unlike Moyes, both Ancelotti and Van Gaal have a proven track record of success at the highest level.
Ancelotti is a two-time Champions League winner with Juventus and won the Premier League during his time in charge of Chelsea.
Van Gaal won the Champions League with Ajax and has also won the Spanish and German league titles with Barcelona and Bayern Munich respectively.
With it being 16/1 bar, the bookies were beginning to make the race a two-horse one.