Over the course of the past few weeks, we've seen the likes of Mick McCarthy, Thorsten Fink and Vladimir Ivic all rise to the summit of the favourites list, only to slide back down the ranking a few days later, as variety of new names including Neil Harris, Roy Keane and Paco Jemez start to emerge.
Here's our latest rundown of OddsChecker's odds on Sheffield Wednesday' s next manager, ranked from lowest to highest chance of being named as the Owls' next permanent boss:
21. Darren Moore - Current odds: 7/1
Current job: Doncaster Rovers. Career win percentage: 45.6% Photo: George Wood
22. Vladimir Ivic - Current odds: 6/1
Current job: Unemployed. Last job: Watford. Career win percentage: 60.7% Photo: Marc Atkins
23. Paul Cook - Current odds: 6/1
Current job: Unemployed. Last job: Wigan Athletic. Career win percentage: 43.1% Photo: George Wood
24. Neil Thompson - Current odds: 2/1
Current job: Sheffield Wednesday caretaker. Career win percentage: 28% Photo: Neil Thompson - Current odds: 2/1 Current job: Sheffield Wednesday caretaker. Career win percentage: 28%