EDDIE HOWE has overtaken Unai Emery as favourite for the Newcastle job.
That's according to bookmakers Sky Bet, who've significantly altered their odds after a frenetic 24 hours in the betting market.
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Emery was clear favourite for the vacant position at St James' Park at odds of 8/11 on Tuesday.
Newcastle held positive talks with the 50-year-old and had hoped to have the Spaniard in place for their clash with Brighton this weekend.
No deal was agreed and there were still differences over personal terms to resolve.
But things took a dramatic turn.
It's said Emery will now turn down the chance to become manager of Newcastle.
Both he and Villarreal were annoyed by the timing of the reports given their crucial Champions League match that evening.
Emery was also left feeling 'uncertain' about the club's strategy after claims the shortlist was down to him and ex-Bournemouth manager Howe, who possess vastly different philosophies.
Spanish expert Guillem Balague said: "Emery felt a huge pressure on the day of their match.
Newcastle next manager
Sky Bet odds
- Eddie Howe – 1/1
- Unai Emery – 7/2
- Paulo Fonseca – 8/1
- Rafael Benitez – 12/1
- Roberto Martinez – 16/1
- Lucien Favre – 18/1
- John Terry – 20/1
- Frank Lampard – 25/1
- Nuno Espirito Santo – 25/1
- Graeme Jones – 28/1
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"And then there was the lack of a clear vision from the club. If you want him, do you approach him in such a rushed way, without an official offer and with it coming out from the English side that it is all practically done?
"Also, the different number and style of the candidates being considered appears to be a sign of a confused vision. That was a concern to some of those involved in conversations with the club hierarchy.
"I don't see this move happening now this season. Maybe next year when the club's structure is clearer and the vision more defined."
Howe now leads the market at Evens (1/1).
The ex-Cherries chief has experience of relegation battles and could represent a more viable alternative given he's a free agent.
Emery is next at 7/2 with Paulo Fonseca and Rafa Benitez offered at 8/1 and 12/1 respectively.
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