The Owls are now looking to appoint their third manager of the campaign in an effort to find some much-needed stability and avoid becoming embroiled in a relegation battle towards the tail-end of the season.
Here's our rundown of SkyBet’s latest front-runners who could become the next Sheffield Wednesday manager.
1. Vladimir Ivic - 20/1
Current job: Unemployed. Last job: Watford. Career win percentage: 60.7% (Photo by Gareth Copley/Getty Images) Photo: Gareth Copley
2. Thorsten Fink - Current odds: 20/1
Current job: Unemployed. Last job: Vissel Kobe. Career win percentage: 48.1% (Photo by Andreas Schaad/Getty Images) Photo: Getty Images
3. Rene Weiler - Current odds: 20/1
Current job: Unemployed. Last job: Al Ahly SC. Career win percentage: 49.6% (Photo by EMMANUEL DUNAND/AFP via Getty Images) Photo: EMMANUEL DUNAND
4. Paco Jemez - Current odds: 18/1
Current job: Unemployed. Last job: Rayo Vallecano. Career win percentage: 32.2% (Photo by Aitor Alcalde/Getty Images) Photo: Aitor Alcalde