Over the course of January, we've seen the likes of Joey Barton, Roy Keane and Neil Thompson all move their way to the top of the favourites list, only to slip away gradually as new names continue to be linked with the vacant position.
Here's our rundown of OddsChecker's latest rundown on the current favourites to become Sheffield Wednesday' s next manager, ranked from worst to best chance of getting the job:
5. David Wagner - Current odds: 33/1
Current job: Unemployed. Last job: Schalke 04. Career win percentage: 33.5% Photo: Michael Regan
6. Sammy Lee - Current odds: 33/1
Current job: West Brom assistant manager. Career win percentage: 21.4% Photo: David Rogers
7. Danny Cowley - Current odds: 33/1
Current job: Unemployed. Last job: Huddersfield Town. Career win percentage: 51.4% Photo: George Wood
8. Grant McCann - Current odds: 33/1
Current job: Hull City. Career win percentage: 40.2% Photo: George Wood