NEXT LIVERPOOL MANAGER ODDS SHOW MANUEL PELLEGRINI PRICED AT 3/1

We've had a very dramatic turn in the betting markets for the Next Liverpool Manager on Betfair as Manuel Pellegrini is now trading at a very slim 4.0 price to be named Next Liverpool Manager. That's a very significant development as he was priced at nearly triple digits only a week ago. 

Roy Hodgson remains the favourite although punters to appear to have been retreating off him over the past 24 hours or so. He is still available at 2.32 at the moment and was priced at over 3.0 two days ago. 
Kenny Dalglish now appears to be out of the running with a 9.0 margin. He had been trending downwards over the past while but as soon as Manuel Pellegrini arrived on the scene as a realistic option then this price has started to climb. 
Currently, you'll find Manuel Pellegrini priced below 4.0, and we have seen him as low as 3.8 at the moment and, while I wouldn't go out and say that Pellegrini's signing looks imminent, I get the feeling that if Roy Hodgson wanted the job genuinely then he would have made more noise about wanting it. 
Personally, I'm confident that the suits at Liverpool think Pellegrini is the right signing at the right time and this is why he survived a price increase after his initial drop landed him in the running. Pellegrini was bet down to 6.0 the day that the news of his contention for the Liverpool job became apparent. Since then he climbed back up to over 10.0 but has now taken another significant price drop. 
This doesn't happen particularly often so I think that it shows that Manuel Pellegrini is rapidly becoming the favourite to be named next Liverpool manager. He could be the betting favourite by weekend's end.