The former Bolton, Newcastle and West Ham United manager is the front-runner to replace Dick Advocaat at the Stadium of Light.
Sunderland could turn to Sam Allardyce as their next manager, should the club to opt part ways with Dick Advocaat, according to the latest bookmakers' odds.
That result has heaped more pressure on Advocaat, with the Dutchman among the bookmakers’ favourites to be the next Premier League manager to leave his post.
But while that status may come as little surprise, the current front-runners to replace Advocaat are interesting to say the least.
Based on odds compiled by Oddschecker, Allardyce is the 2/1 favourite to be named the next permanent manager of Sunderland.
Allardyce has been out of a job since West Ham United co-owners David Gold and David Sullivan opted against giving the then-Hammers boss a new contract.
Burnley manager Sean Dyche is next in the betting at 5/1, while Champions League-winning ex-Chelsea coach Roberto Di Matteo is available at 9/1 to take the Stadium of Light hot seat.
Former Swansea City gaffer Michael Laudrup remains an option at 12/1, while Chris Hughton and Ally McCoist can both be found back at 14/1.
The odds come after a weekend in which Advocaat spoke candidly about his future with the Wearsiders.
"Let's be clear, if I feel it is better for somebody else to take over then I will go. Believe me," he told BBC Sport after the club’s 2-0 defeat to Bournemouth.
Out of one cup competition and without a win in six Premier League games, a premature exit could follow soon.