Over the course of the past few weeks, the likes of Gus Poyet, Paul Cook, and Joey Barton have all been at linked with the top job at Hillsborough, only to tumble down the list of contenders a few days later.
According to a fresh report from Sky Sports, Wednesday could turn to Cosmin Contra as they search for their next permanent boss, with the 45-year-old Romanian out of work after leaving Dinamo Bucharest in December.
But as yet, his presence as a potential candidate is yet to be reflected in the market, and he is not considered to be one of the favourites for the job.
Here's our rundown of Sky Bet's latest odds on the next Sheffield Wednesday manager, ranked from lowest to highest chance of becoming the new Owls boss:
1. Gus Poyet - Current odds: 25/1
Current job: Unemployed. Last job: Bordeaux. Career win percentage: 42.7% (Photo by MEHDI FEDOUACH/AFP via Getty Images) Photo: MEHDI FEDOUACH
2. Paco Jemez - Current odds: 22/1
Current job: Unemployed. Last job: Rayo Vallecano. Career win percentage: 32.2% (Photo by Gonzalo Arroyo Moreno/Getty Images) Photo: Gonzalo Arroyo Moreno
3. Joey Barton - Current odds: 22/1
Current job: Unemployed. Last job: Fleetwood Town. Career win percentage: 39.8% (Photo by Pete Norton/Getty Images) Photo: Pete Norton
4. Vladimir Ivic - Current odds: 20/1
Current job: Unemployed. Last job: Watford. Career win percentage: 60.7% (Photo by Gareth Copley/Getty Images) Photo: Gareth Copley