From Readabet:
Ex Chelsea boss
Claudio Ranieri's odds to be the next Newcastle manager have been slashed by
Ladbrokes - following a sustained gamble from Spanish punters.
Ranieri, who has been out of work since an ill-fated spell at Valencia, initially saw his odds shorten from 16's to 12's, 10's and finally to 8's in response to the punt. And the 53-year-old Italian has made no secret of his desire to return to the Premiership.
Martin O'Neill remains the 7/4 favourite, with Luiz Felipe Scolari at 5/2. But another onslaught from Ranieri's backers could see him further shortened.
Ladbrokes spokesman, Nick Weinberg, said: " Despite Ranieri's poor showing at Valencia the Spanish can't seem to get enough of him for the Geordie top job. We've also seen the money backing Sam Allardyce dry up."
Bolton's chairman, Phil Gartside, yesterday revealed that 'Big Sam' had no desire to swap The Reebok for St James' Park.