By Wayne Veysey

17th Aug, 2016 | 1:59pm

Betting update: Liverpool installed second favourites to sign Joe Hart

By Tom Blackburn

Liverpool have been installed as second favourites to sign Everton target Joe Hart as he looks to escape Manchester City.

Sky Sport reported on their website that Liverpool were expected to compete with Everton to sign the goalkeeper and cited Sky Bet slashing the odds of Hart joining Liverpool to 11/4 on Wednesday morning.

Everton remain favourites to land the Hart at 4/6, while Sevilla are priced at 12/1 and Barcelona are a more distant 25/1.

Hart was dropped from the City team for their Premier League opener with Sunderland on Saturday, and he looks set to leave in search of first team football.

BBC Sport correspondent David Ornstein reported on BBC’s Sportsday feature (10.05am) on Wednesday that Hart does not want to commit to a permanent move with just two weeks left in the transfer window, so Liverpool or Everton may have to settle for a loan.

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The Mirror claimed on Monday that Everton are keen to sign Hart and make him their first-choice despite new signing Marteen Stekelenburg impressing in goal during his debut against Tottenham.

Liverpool have already signed Loris Karius from Mainz this summer, though he is seen as competition for current number 1 Simon Mignolet rather than a direct replacement.

Should Hart arrive at Anfield, he would most likely rise to the top of the pecking order and would have the goalkeeper’s jersey as his own.

Pep Guardiola has preferred veteran Willy Caballero in goal for his new look City side and Hart could now be given the opportunity to restart his career at Everton.

The England number one endured a difficult Euro 2016 campaign with some costly mistakes, as the nation were dumped out by minnows Iceland in the last 16.

Hart joined City from Shrewsbury in 2006 and has been a mainstay of the Premier League team during the Abu Dhabi era.

He is a firm favourite with City supporters for his leadership and commitment, and was a key player in the side that won Premier League titles in 2012 and 2014.

In other Liverpool transfer news, they received an emphatic response after tabling a £25million bid for a 20-year-old.