By Wayne Veysey

24th Feb, 2017 | 5:26pm

Odds dramatically slashed on proven PL manager becoming Rangers boss (not Pardew)

By Alex Stevens

Martin Jol has been installed as the new third favourite to become the next Rangers manager following a dramatic tumble in his odds.

The former Tottenham, Fulham and Ajax manager is behind only Alex McLeish and Malky Mackay in the betting to replace Mark Warburton, who left in acrimonious circumstances 12 days ago.

Sky Bet price Jol at 5/1 to take over at Ibrox after his odds were slashed over the last 24 hours.

The Dutchman, who took Ajax back into the Champions League after a five-year gap, has leapfrogged the likes of Frank de Boer, Alan Pardew, Derek McInnes and caretaker boss Graeme Murty in the betting.

There appears to have been a surge of bets placed on Jol, whose last manager’s post ended last August when he resigned at Egyptian club Al-Ahly amid fears overs his safety.

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The former midfielder has also had spells as manager at Hamburg and Dutch clubs Roda JC and RKC Waalwijk.

But he is best known for spells in England with Tottenham and Fulham and is proven in the Premier League.

Rangers are intensifying their search for a new manager while also attempting to bring in a director of football as part of a major management restructure.

Former Reading defender Murty has overseen two matches from the dugout, a 2-1 Scottish Premiership defeat to Dundee last Sunday and a 2-1 Scottish Cup triumph over second-tier outfit Greenock Morton.

Murty will be at the helm on Friday night when Rangers return to action with a Scottish Premiership clash against Inverness.

In other Rangers news, this is the huge sum lost by Mark Warburton after his behind-the-scenes manoeuvrings horribly backfired.

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