Two-time A-League winning coach Ernie Merrick has been installed as the early favourite to be named the next Newcastle Jets boss.
Merrick, who led Melborne Victory to two A-League premierships, has been out of work since leaving Wellington Phoenix in December during the current A-League season.
But he could be set for a third stint in the A-League having been named as the $4.00 favoirite to take over the reins at Newcastle.
The Jets sacked Mark Jones after finishing bottom of the ladder at the end of the regular season.
Former Brisbane Roar coach Mike Mulvey, who led the club to the championship, is next in the betting at $6.00 ahead of Clayton Zane, who has stepped into the caretaker role at the Jets.
Mark Rudan ($10), Phil Moss ($13) and Josep Gombau ($17) are others in the frame while unlikely targets John Terry ($251) and Arsenal coach Arsene Wenger ($501) have also been priced up.
Next permanent Newcastle Jets coach
Market courtesy of sportsbet.com.au
$4.00 Ernie Merrick
$6.00 Mike Mulvey
$7.00 Clayton Zane
$10 Mark Rudan
$13 Phil Moss
$17 Josep Gombau
$251 John Terry
$501 Arsene Wenger