Everton have today confirmed that manager Ronald Koeman has been relieved of his duties after a dreadful start to the season.
The Toffees went into the season full of hope and optimism, having splashed the cash over the summer on players such as Jordan Pickford, Michael Keane, Gylfi Sigurdsson and Davy Klaassen, whilst they also brought Wayne Rooney back to the club.
However, with five defeats in the first nine Premier League games, and just one point taken from three Europa League outings, Everton have endured a disastrous start to the campaign.
Sunday's dreadful 5-2 home defeat at the hands of Arsenal proved to be Koeman's final game in charge of Everton, as the Toffees have decided to part ways with the Dutchman after less than 18 months in charge.
Bookmakers have already started pricing up odds for who could replace Koeman, and here are some of the main names in the frame this evening, as provided by Sky Bet.
Sean Dyche: 2/1
The early favourite with bookmakers, Dyche has worked wonders with Burnley since his 2012 appointment, and has now established the Clarets as a Premier League club having won promotion to the top flight twice. The 45-year-old has built an organised, well-drilled Burnley side who have proven hard to beat for many of the 'big clubs' this season, and Everton may want that stability back after looking uncoordinated under Koeman this season.
Carlo Ancelotti: 5/1
A more glamorous name than Dyche, Italian Ancelotti is out of work having surprisingly lost his job as Bayern Munich boss, despite winning the Bundesliga title last season. Former of AC Milan, Chelsea, Paris Saint-Germain and Real Madrid, Ancelotti has won four league titles and three Champions League finals in his career, making him an attractive proposition for a club like Everton, who could look to make an audacious splash by appointing Ancelotti.
David Moyes: 5/1
Former Everton boss Moyes is a shock name in the frame, even if he did impress in an 11-year stint at Goodison Park, before heading to Manchester United in 2013. The Scot's career has nosedived since then, lasting just eight months at Old Trafford, taking charge of Real Sociedad for just a year and suffering relegation with Sunderland last season. Now out of work and looking for his next job, Moyes is just 5/1 for what would be a remarkable return to Merseyside.
Chris Coleman: 10/1
Wales boss Coleman has earned plaudits for his work over the last five years, having not only taken Wales to Euro 2016, but then guided them into the semi-finals of the competition last summer. Coleman failed to win qualification to the 2018 World Cup though, and he appears to be moving on in order to have a crack at Premier League management. Everton is one of two openings in the top flight, so it's no surprise to see him being touted at just 10/1.
Thomas Tuchel: 20/1
Another ambitious name alongside Ancelotti, German Tuchel earned rave reviews at Borussia Dortmund before leaving the club by mutual consent over the summer. A tactically-astute and exciting manager, Tuchel could bring an exciting brand of football to Goodison Park, but whether the Toffees could tempt him is another matter. At 20/1, Tuchel remains an outsider, but is a name to keep an eye on.