Over the weekend Giuseppe Iachini, a relative unknown on these shores, emerged as an apparent candidate following reports of the 59-year-old Italian’s interest in the role vacated by Darren Moore a little over a week ago.
However, he has now slipped down the list with former Owls skipper Dean Smith, most recenty with Leicester City at the tail end of last season, now out in front following reports that Wednesday had opened discussions with the 52-year-old.
A new face has entered the fray, though, in the form of ex-West Ham, West Brom and Watford manager Slaven Bilić.
Last week’s leading contenders, Paul Ince and Steven Gerrard are now way down the order, while also somewhat randomly added, former Fulham and West Ham forward Luís Boa Morte has moved down to 22/1. The Portugal international’s only managerial position was at lowly Sintrense in his homeland, however he has been working as a first team coach alongside Marco Silva at both Everton and Fulham.
Here are the runners and riders with odds from Sky Bet as of 2pm on June 28.

13. Slaven Bilic - 1/2
Another new favourite for the post, Bilic was last at Watford, lasting five months before, like hundreds of others before him, getting the sack in March. Has loads of experience, managing Croatia in the Europan Championships, taking West Ham into Europe and a seventh-placed Premier League finish and also leading West Brom into the top flight from the Championship Photo: Nigel Roddis

14. Dean Smith - 1/2
The odds shortened once again on this one after drifting out to 20/1 towards the end of last week. Former Sheffield Wednesday skipper Dean Smith has jumped from job to job fairly quickly in recent times. Surely he wants a rest. Wednesday would probably be a good fit for him and he's shown to be excellent at this level Photo: DARREN STAPLES