Sherwood favourite for Eagles

  • Last Updated: August 20 2014, 21:15 BST

Sky Bet have re-opened the market on who will be the next manager of Crystal Palace after Malky Mackay failed to agree terms with the club on Wednesday.

Tim Sherwood: Favourite to be handed the Crystal Palace job
Tim Sherwood: Favourite to be handed the Crystal Palace job

Betting had been suspended as positive talks were expected to lead to his appointment, but former favourite Tim Sherwood has now been reinstated as the 6/4 frontrunner.

Mackay is still available to back at 6/1, while former Tottenham managers Martin Jol and Glenn Hoddle are also outside contenders at 7/2 and 14/1 respectively.

Sky Bet’s Dale Tempest said: “Sherwood has to be in the driving seat now but we’re seeing plenty of money on Steve Clark, who is now second favourite at 4/1.

“We were as short as 1/8 on Sherwood earlier this week, so those punters who put faith in him may still receive a pay-out.”

Prices correct at time of publication (2100 BST on 20/08/2014)