Postecoglou is named second favourite to replace Rodgers

Celtic manager Ange Postecoglou has been installed as the second favourite to become the next permanent manager of Leicester City.

The Foxes parted company with Brendan Rodgers, who they took from Celtic, on Sunday after a run of poor form that leaves them fighting relegation from the English Premier League. Rodgers spent four years at the King Power Stadium and won the FA Cup during his time there, but following a 2-1 defeat by Crystal Palace, both the 50-year-old and the board decided it was the right time for a change.

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Brentford manager Thomas Frank is the 5/1 favourite to succeed Rodgers, with Postecoglou rated as the 17/2 second favourite. Other managers listed as early contenders by the bookmakers include Rafael Benitez (9/1), Marcelo Bielsa (10/1), Mauricio Pocchetino (10/1) and Ralph Hasenhuttl (10/1). Neil Lennon, formerly of Celtic an ex-Leicester player, is rated at 16/1.