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Next Liverpool manager odds: Who is the favourite to replace Arne Slot?

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Arne Slot's position at Liverpool continues to be under intense pressure

Former Liverpool Captain and TNT Sport pundit Steven Gerrard speaks to Arne Slot manager / head coach of Liverpool ahead of during the Premier League match between Wolverhampton Wanderers and Liverpool at Molineux on March 03, 2026 in Wolverhampton, England.

Arne Slot is in danger of losing his job if Liverpool continue on their downward spiral(Image: Catherine Ivill - AMA/Getty Images)

The latest odds on who the favourite is to replace Arne Slot at Liverpool:

Xabi Alonso is the overwhelming favourite at 8/13, largely due to his availability after leaving Real Madrid earlier this year. His historic connection to the club and his Bundesliga-winning pedigree make him the most logical choice for the FSG hierarchy if they decide to move on from Slot this summer.

Sebastian Hoeness sits at 10/1 after continuing to work miracles with Stuttgart in the Bundesliga. His reputation as a developer of young talent aligns with Liverpool's long-term strategy, making him an intriguing, albeit less experienced, option for the role.

Jurgen Klopp remains a sentimental outsider at 14/1, though any return would likely be in a temporary or advisory capacity rather than a full-time managerial role.

Andoni Iraola has seen his odds drop to 20/1 despite his impressive work at Bournemouth and his existing relationship with Sporting Director Richard Hughes. His aggressive tactical setup could be a seamless fit for the current crop of players at Anfield.

Julian Nagelsmann currently sits at 20/1 as the German national team manager prepares to return to club football following the upcoming World Cup. Liverpool have reportedly kept tabs on his situation for years, and his high-pressing style would likely appease a fanbase frustrated by Slot's more rigid system.

Luis Enrique has also emerged with odds of 20/1, as rumours circulate that he may be looking for a new challenge away from Paris Saint-Germain. His tactical flexibility and experience managing world-class egos are seen as ideal traits for a squad currently in a transitional phase.

Simone Inzaghi is listed at 20/1 following his continued success in Italy, where his Inter Milan side has remained a dominant force in Europe. His ability to build a robust defense could be exactly what Liverpool needs after conceding four goals to Manchester City.

Xavi Hernandez is also sitting at 20/1 despite not having a managerial job since leaving Barcelona in 2024. Regarded as one of the greatest midfielders of all-time, the Spaniard has proven to be a league winner as a manager with his boyhood club.

Steven Gerrard rounds out the list at 25/1 in what would be a stunning return to Anfield for the former Reds captain. While fans would love a homecoming, his recent managerial record means he sits behind more tactically proven candidates.

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These odds have been provided by Bet365.

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