Skybet have slashed the odds on Paulo Sousa joining Leicester, making him the clear favourite

Leicester are on the lookout for a new manager after Nigel Pearson left for Hull City yesterday and Sousa has been installed as the clear early favourite for the post.

The Portuguese, a good friend of Milan Mandaric, has been strongly linked with a number of jobs over the summer after finishing 7th at Swansea in his first season.

He has been placed at 4/11 to take the Walkers hot seat, with former Reading boss Brendan Rogers the second favourite some way behind at 5/1.

Earlier today, he was at 4/6 and started out at 20/1 when the market opened.

Huw Jenkins refused to confirm what the club's response to an approach would be should Mandaric come calling for Sousa.

"There hasn't been any contact and I have got no idea whether they are interested in Paulo," Jenkins said.

"I am not commenting on speculation. I have had a meeting with Paulo and he is concentrating on Swansea City."

Lee Watts, of Mark Jarvis bookmakers, told the Leicester Mercury: "The word on the street is that Paulo is the man for Milan and that is reflected in his odds."

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