Following Ruud van Nistelrooy's departure from Leicester City, Sean Dyche has emerged as an early favorite to take over as manager, according to betting sites. The announcement of Van Nistelrooy's exit has prompted speculation and betting markets to open regarding his replacement.

Dyche is highly regarded for his ability to stabilize clubs and achieve promotion, making him a strong candidate for Leicester City, especially as the club faces potential Profit and Sustainability Rules (PSR) sanctions and a possible points deduction. During his decade-long tenure at Burnley, Dyche led the team to the Premier League twice. His pragmatic approach and experience managing under financial constraints align well with Leicester's current needs. Furthermore, Dyche's familiarity with the Midlands and his existing relationship with Leicester's Director of Football, Jon Rudkin, could further bolster his chances.

Other potential contenders for the Leicester City managerial position include Danny Röhl, Michael Carrick, Gary O'Neil, and Liam Rosenior.

Danny Röhl, currently with Sheffield Wednesday, has garnered attention for his dynamic, possession-based style. He has earned praise for guiding Sheffield Wednesday from a precarious position to a mid-table finish in the Championship. However, his release clause at Sheffield Wednesday, reportedly around £5 million, could pose a hurdle.

Michael Carrick, despite recently being dismissed by Middlesbrough, is also considered a strong option. Although Middlesbrough finished 10th in the Championship and missed out on the play-offs, Carrick's possession-based, progressive style of play aligns with the vision of Leicester's chairman, Aiyawatt 'Top' Srivaddhanaprabha.

Gary O'Neil has a proven track record of stabilizing teams under challenging circumstances. He guided AFC Bournemouth to Premier League safety in the 2022–23 season and led Wolves to a 14th-place finish and an FA Cup quarter-final in the 2023–24 campaign, despite limited resources.

Liam Rosenior is also among the potential candidates.

Bookmakers have provided odds on the next Leicester City manager, with Sean Dyche initially leading at 4/7. Other odds include Danny Röhl at 7/4, Michael Carrick at 4/1, Gary O'Neil at 10/1, and Liam Rosenior at 12/1. These odds are subject to change as the situation evolves.

Leicester City's preparations for the EFL Championship season will proceed as planned, with the first team coaching staff overseeing pre-season training until a new manager is appointed. The club is aiming for a swift return to the top flight following their recent relegation.