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- Russell Martin leads betting at 5/1 to become next Leicester manager
- Gary Rowett expected to depart following relegation to League One
- Wide-open market reflects uncertainty around Foxes’ rebuild
Relegation Fallout Sparks Leicester Manager Market
Leicester City’s shock relegation to League One has immediately shifted focus toward the dugout, with betting markets opening with BetVictor on who will be tasked with leading the club’s recovery.
Reports suggest that Gary Rowett is set to part ways with the club, with no expectation that he will remain in charge for a League One campaign.
That uncertainty has fuelled interest across the best football betting sites, where the race for Leicester’s next permanent manager is already taking shape.
After a turbulent season culminating in relegation, the Foxes now face one of the most important appointments in their recent history, one that could define how quickly they return to the Championship.
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Next Leicester Manager Odds
The latest market from BetVictor highlights a competitive field, with no standout odds-on favourite and several credible contenders in the mix.
| Next Leicester Manager | Odds | Implied Probability |
|---|---|---|
| Russell Martin | 5/1 | 16.67% |
| Ralph Hasenhuttl | 8/1 | 11.11% |
| Michael Skubala | 10/1 | 9.09% |
| Alan Sheehan | 12/1 | 7.69% |
| Enzo Maresca | 14/1 | 6.67% |
Russell Martin tops the market at 5/1, but with an implied probability of just 16.67%, this remains a wide-open race, which is a clear signal that bookmakers are far from certain on Leicester’s direction.
Why Russell Martin Tops the List
Martin’s presence at the head of the market reflects his growing reputation as a progressive coach capable of rebuilding teams with a clear playing identity.
His experience working within structured systems and developing younger players could align well with Leicester’s likely reset following relegation.
League One presents a very different challenge, but also an opportunity for a long-term project, something Martin has previously embraced.
Behind him, Ralph Hasenhuttl (8/1) brings Premier League pedigree, while Michael Skubala (10/1) represents a more left-field option with coaching credentials that could appeal to a club looking for a fresh approach.
Enzo Maresca’s inclusion at 14/1 is also notable given his previous association with Leicester, adding an interesting narrative angle for punters assessing the market.
What the expert says...
Uncertainty Reflects Scale of Leicester’s Rebuild
Unlike many next manager markets, this one lacks a clear frontrunner, and that uncertainty speaks volumes about Leicester’s current position.
Relegation to League One represents a significant reset for a club that was competing in the Premier League not long ago.
Financial considerations, squad restructuring, and long-term planning will all play a role in the decision-making process.
For bettors, this creates both risk and opportunity. Markets like these can shift rapidly once clearer signals emerge from within the club, particularly if interviews or shortlists begin to leak.
Where To Bet on the Next Leicester Manager
Punters can find the latest odds on this market via BetVictor, one of the bookmakers currently pricing up the next Leicester manager race.
Many platforms also offer free bets, which can be useful when backing higher-priced candidates in open fields.
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