The Republic of Ireland international winger has struggled for matches this season at Goodison Park, prompting rumours suggesting that he could be on the move this month.
The Times recently reported that Championship duo Derby County and Middlesbrough were eyeing him in a potential loan deal, yet initial speculation has since failed to materialise into anything concrete.
According to Sky Bet’s latest odds, the most likely to sign McGeady this month is fellow Championship high-flyers Sheffield Wednesday with odds available on a switch to Hillsborough standing at 1/2.
The Owls have been in terrific form of late, breaking into the Championship’s top six with victory at the weekend and they have Derby in third spot firmly in their sights.
Wednesday manager Carlos Carvahal has a good squad to work with, and adding a player of McGeady’s quality could make a huge difference as they bid for a long-awaited return to the Premier League.
Sky Bet make Blackburn Rovers next in line with odds of 7/2, while Scottish champions Celtic are 7/1.
The Hoops know all about McGeady after the 29-year-old spent six seasons at Celtic Park, yet the odds suggest a return north of the border seems unlikely at this moment in time.