Over the course of the past few weeks, we've seen the likes of Thorsten Fink, Paul Cook and Joey Barton all rise to the top of the favourites list, only to slide down the ranking a few days later, with a variety of new names including Steve Bruce, Neil Harris and Roy Keane starting to emerge.
Here's our latest rundown of OddsChecker's odds on the next Sheffield Wednesday manager, ranked from lowest to highest chance of being named as the Owls' next permanent boss:
21. Paul Cook - Current odds: 11/2
Current job: Unemployed. Last job: Wigan Athletic. Career win percentage: 43.1% Photo: Nathan Stirk
22. Neil Thompson - Current odds: 3/1
Current job: Sheffield Wednesday caretaker. Career win percentage: 28% Photo: PAUL ELLIS
23. Vladimir Ivic - Current odds: 13/10
Current job: Unemployed. Last job: Watford. Career win percentage: 60.7% Photo: Naomi Baker
24. Roy Keane - Current odds: 1/1
Current job: Unemployed. Last job: Nottingham Forest (assistant). Career win percentage: 38.7% Photo: NICK POTTS