By Alex Stevens

Brendan Rodgers has been installed as the new bookmakers’ second favourite to be the next Celtic manager.

The odds on the former Liverpool and Swansea manager taking over at the Scottish giants have dramatically shortened in the last few hours.

Sky Bet make former Celtic midfielder Lambert the 7/4 favourite to replace Ronny Deila, who announced last month that he will leave Parkhead at the end of the season.

Brendan Rodgers has now emerged as his closest rival after a flurry of bets led to his odds plummeting to 3/1 to take over at the Scottish giants

Glaswegian Lambert is available after activating a clause in his contract last week to leave Blackburn, just six months after taking charge of the English Championship outfit.

Former Scotland midfielder Lambert, who started his managerial career at Livingston before going on to take charge of Wycombe, Colchester, Norwich and Aston Villa, was immediately installed as the bookmakers’ favourite to replace Deila.

Boyhood Celtic fan Rodgers refused to rule himself out of the running for the Celtic hotseat earlier this week.

Celtic currently hold a nine-point advantage over Aberdeen with three games of the campaign remaining as they close in on their fifth consecutive Scottish Premiership title.

Celtic have also been linked with a host of other managers with vast Premier League experience including David Moyes, but Deila has warned any potential successor taking on the Hoops job that it will be no walk in the park even for those who have managed high profile clubs.

In other Celtic news, Deila has outlined the two main reasons he has found life in Scotland too difficult.