Southampton next manager odds: Mark Hughes now odds-on favourite

General view inside the stadium prior to the Premier League match between Southampton and Swansea City at St Mary's Stadium on August 12, 2017 in Southampton, England.

Southampton sacked manager Mauricio Pellegrino on Monday.

Southampton's Argentinian manager Mauricio Pellegrino looks on before  the English Premier League football match between Tottenham Hotspur and West Ham United at Wembley Stadium in London,...

Southampton are looking for a new manager again, having confirmed on Monday night that Mauricio Pellegrino has been relieved of his duties.

The Argentinian impressed in charge of Spanish side Alaves last season, and was snapped up as the replacement for Claude Puel at Southampton last summer.

However, the former Liverpool defender failed to impress, winning just eight of his 34 games in charge, and he now leaves with a 23.5% win rate having been sacked in the aftermath of Saturday's 3-0 defeat at Southampton.

Mark Hughes, Manager of Stoke City reacts during the Premier League match between Stoke City and Arsenal at Bet365 Stadium on May 13, 2017 in Stoke on Trent, England.

The Saints have won just one of the last 17 Premier League games, and the search is on for Pellegrino's replacement, with Southampton hovering precariously above the relegation zone.

Bookmakers have been busy pricing up odds for Pellegrino's replacement, with Sky Bet offering odds since Pellegrino's sacking, and a new favourite has emerged tonight.

Former Stoke City boss Mark Hughes - who had a stint with Southampton during his playing days - has now been cut to just 1/6, making him almost nailed-on to become Pellegrino's replacement.

Gordon Strachan manager of Scotland reacts during the FIFA 2018 World Cup Group F Qualifier between Scotland and Slovakia at Hampden Park on October 5, 2017 in Glasgow, Scotland.

Hughes has only been out of work since losing his job as Stoke boss in January, but he could now make a swift return to management as Southampton seemingly line up a move to bring the Welshman back to the South Coast.

If Hughes doesn't land the job, then there are a number of other names in the running with bookmakers, as ex-Saints boss Gordon Strachan is just 20/1 for a shock and ultimately unlikely return to Southampton.

Marco Silva (4/1), Slaven Bilic (18/1) and Graham Potter (20/1) are other names in the top five with Sky Bet, but Hughes appears to be closing in on the job this evening.

General view inside the stadium prior to the Premier League match between Southampton and Swansea City at St Mary's Stadium on August 12, 2017 in Southampton, England.

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