With a gruelling campaign ahead of them, and the race for promotion set to be fiercely competitive, the Owls will want to decide on a new manager sooner rather than later. Here's who the bookies think are the current front-runners to land the big job at Hillsborough...
5. Danny Cowley
Odds: 22/1. Cowley's Lincoln have made a solid start to life in League One, and he's clearly got a bright future ahead of him in management. He'll most likely stay with his current club for now, though. (Photo by Jan Kruger/Getty Images) Photo: Jan Kruger
6. Tony Pulis
Odds: 20/1. The ex-Stoke City manager is on the hunt for a new club, and is understood to have made his interest in the Owls position known. (Photo by Matthew Lewis/Getty Images) Photo: Matthew Lewis
7. Chris Coleman
Odds: 20/1. He impressively led Wales to the semi-finals of Euro 2016, and is currently out of a job after leaving a role in China back in May.(Photo by Catherine Ivill/Getty Images) Photo: Catherine Ivill
8. Roland Nilsson
Odds: 18/1. The former Owls defender is managing the Sweden U21 side at the moment, and has previously had spells with the likes of F.C. Copenhagen and Malmo. (Photo credit: ODD ANDERSEN/AFP/Getty Images) Photo: ODD ANDERSEN