Owls caretaker boss Neil Thompson has done an admirable job so far, winning both of his games at the helm, while a number of familiar faces remain in the running.
Joey Barton, who suddenly parted company with Fleetwood Town earlier in the week, is the newest addition to the tussle, and has leapt into contention with bookmakers.
Wednesday climbed out of the bottom three with a win over Derby County on New Year’s Day, but have since had to close their training ground in an effort to combat a potential Covid-19 outbreak.
The move could throw this weekend’s upcoming FA Cup tie against Exeter City into doubt, with a decision on whether or not the game will go ahead still yet to be made.
Scroll through the pages below to see the full list of bookies’ favourites for the Owls' managerial vacancy.
1. Bruno Baltazar - Current Odds: 25/1
Current job: Unemployed Last job: Al-Ain assistant Career win percentage: 48.3% (Photo by Gualter Fatia/Getty Images) Photo: Gualter Fatia
2. Nigel Pearson - Current Odds: 20/1
Current job: Unemployed Last job: Watford Career win percentage: 42.6% (Photo by Adam Davy/Pool via Getty Images) Photo: Pool
3. Jose Morais - Current Odds: 16/1
Current job: Unemployed Last job: Jeonbuk Hyundai Motors Career win percentage: 47.9% (Photo by Mohamed Farag/Getty Images) Photo: Mohamed Farag
4. Paco Jemez - Current Odds: 12/1
Current job: Unemployed Last job: Rayo Vallecano Career win percentage: 31.9% (Photo by Aitor Alcalde Colomer/Getty Images) Photo: Aitor Alcalde Colomer