Following Rangers' failure to qualify for the Champions League, bookmakers William Hill have opened the betting on who will succeed him as next permanent Rangers manager and offer Billy Davies as the 7/2 favourite followed by: 4/1 Ally McCoist, 6/1 Graeme Souness, 8/1 Dick Advocaat, 8/1 Michael Laudrup, 10/1 Brian Laudrup, 10/1 David Moyes, 14/1 Lawrie Sanchez, 14/1 Terry Butcher, 16/1 Alex Miller, 16/1 Alex McLeish, 16/1 George Burley, 16/1 Richard Gough, 20/1 Craig Levein, 25/1 Harry Redknapp, 33/1 Ian Durrant, 33/1 Slaven Bilic, 40/1 Dave Jones, 40/1 Gary Johnson, 50/1 Ian Dowie, 66/1 Paul Le Guen, 66/1 Alex Rae, 66/1 John Brown.

"Although it's early in the season and Rangers had a good campaign last year - missing out on a lucrative Champions League place in such a disappointing manner, last night's defeat is sure to start speculation about Walter Smith's future at the club", commented Hill's spokesman Graham Sharpe.

** Hills offer 8/1 that Walter Smith will be the first SPL manager to go, 1/4 that he will still be Rangers manager on the last day of the SPL season and 11/4 that he will not.

William Hill odds - First SPL Manager To Go 08/09 Season: 15/8 Mixu Paatalainen, 3/1 Csaba Laszio, 15/2 Jimmy Calderwood, 8/1 Walter Smith, 9/1 Jim Jeffries, 12/1 Gus McPherson, 14/1 Mark McGhee, 14/1 Craig Brewster, 25/1 No manager to go, 25/1 John Hughes, 25/1 Gordon Strachan, 25/1 Craig Lebein, 40/1 Billy Reid.
 

Hyperion: Are you a Sports Trader/Odds Compiler? Unemployed or fancy a change of scenery? We recruit from Junior to Director level for the leading companies in the online gambling industry.