Shearer Favourite For Newcastle Job

Alan Shearer has been installed as 7/2 favourite to become the next permanent Newcastle manager by William Hill who make Glenn Roeder 5/1 second favourite and also offer 7/1 Martin O'Neill; 8/1 Sven Goran Erikkson; 11/1 Steve Bruce; 12 Bobby Robson; Sam Allardyce; 16 Alan Curbishley; David O'Leary; 20 Hughes, Coppell, Warnock,Pardew, Pearce; Hitzfeld; Hiddink; 40 Venables;; 50 Redknapp; 66 Ferguson; 100 Mourinho; Keegan; 500 Gazza; 1000/1 Ant & Dec.

However, Alan Shearer has ruled himself out of the running to replace Graeme Souness as manager.

"Let me say here and now that I do not want to be the next manager, the time is not right for me or the club," he said.

He added: "That is not meant as a slight on the club. I am just thinking of what is best for Newcastle United and, right now, it would not be the best thing to have Alan Shearer as manager."

Souness was sacked on Thursday after a poor run of results left the Magpies towards the bottom of the Premiership.