By Wayne Veysey

22nd May, 2017 | 6:27am

Leeds sensation: Monk installed odds-on favourite to be appointed manager of PL club

By Harry Sykes

Leeds United manager Garry Monk has been installed clear favourite to be appointed the new Middlesbrough manager, according to the latest bookmakers’ odds.

Sky Bet priced Monk at 8/11 on Monday morning to take over the reins at the Riverside Stadium following the club’s Premier League relegation.

The 38-year-old has been dramatically backed in to get the Boro job after starting the weekend at 20/1 before, as reported by Football Insider, his odds suddenly narrowed to 4/1 on Sunday afternoon.

Even at that point, Monk was third favourite behind Manchester United legend Ryan Giggs and ex-Leicester and Derby manager Nigel Pearson, but a fresh surge of betting has now made him strong-odds favourite to take the vacant post.

Monk is now well clear of his closest rival in the betting, with Giggs drifting to 4/1 and Pearson out to a relatively distant 6/1.

Subscribe to Football Insider TV now

The sensational change in odds will send shockwaves among the Leeds faithful, who are desperate for the club to hand their manager a long-term contract after his inspired a transformation in fortunes in the recently-completed Championship season.

Monk is out of contract at Leeds next month and talks over an extension have been delayed while Andrea Radrizzani completes his full takeover of the club.

The 38-year-old has experience of managing in the Premier League at former club Swansea and his reputation has been enhanced during a season in which he has transformed the fortunes of Leeds.

They challenged strongly for promotion before a final-month collapse meant they ended the campaign in seventh in the Championship, one place and five points behind the play-offs positions.

In other Leeds United transfer news, a deal worth multiple millions will be tired up by the Yorkshire giants next week and the fans will be over the moon.

We’ve launched a << BREAKING NEWS FEED>> exclusively for your club. ‘Like Us’ on Facebook by clicking here if you want 24/7 updates on all Leeds United breaking news.