By Wayne Veysey

9th May, 2016 | 9:51pm

New favourite for Leeds manager post as odds dramatically shorten following wave of bets

By Alex Stevens

John Sheridan has been installed as the long odds-on favourite to be the new manager of Leeds.

The Oldham manager had been available at 12-1 during the weekend but the former Leeds midfielder was a 1-6 favourite with Sky Bet on Monday evening, having been slashed into 6-4 earlier in the day.

Sheridan is well ahead in the betting to be manager for the first Leeds match of next season over second favourite Fabio Cannavaro, who is 8-1, while current boss Steve Evans is third favourite at a distant 10-1.

Italy’s World Cup 1990 goalkeeper and short-lived Sampdoria boss Walter Zenga had been odds-on favourite for the post at 4-6 but the 56-year-old is now 16-1.

Sheridan, 51, who has also managed Chesterfield, Plymouth Argyle and Newport County, spent seven years at Leeds as a player between 1982 and 1989.

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He is currently in his second spell in charge of Oldham having guided the club to the League One play-offs in 2006-07 when the Latics finished sixth. The Latics, who are still in League One, have finished this season in 17th position.

The Leeds reign Evans could also be over within days, as his contract at Leeds expires in June and his job has been left hanging by a thread after owner Massimo Cellino accused him of “talking too much” and claiming he “cannot work with English managers.”

Evans is in line to become the sixth manager to be dismissed since Cellino took over the Yorkshire club in 2014.

But the Scot, 53, is increasingly in demand after steering Leeds away from a relegation fight after he was appointed to replace Rosler with the mandate of keeping the Yorkshire giants in the Championship.

The Yorkshire Evening Post reported last month that Forest had made their interest in Evans known to him already ahead of a possible swoop.

The 53-year-old achieved promotions with Rotherham and Crawley before being lured to Elland Road last October.

The Scot broke down in tears in the wake of Leeds’ 1-1 draw against Preston on Saturday and accepted afterwards that he had “maybe” managed the club for the final time.

In other Leeds news, one senior player has revealed the promises Cellino has made with regards to the club’s future.