Next Cheltenham Town Manager Betting Odds: Newport County boss Graham Coughlan is the EVENS FAVOURITE to take over at Cheltenham next after Wade Elliot's departure!

Graham Coughlan is the evens favourite to take over at Cheltenham Town with the club looking for a new manager

Betting is available on who will be the next Cheltenham Town manager with the club looking for a new gaffer following Wade Elliott's departure and bookmakers have a full market up.

Newport County manager Graham Coughlan is the evens favourite to takeover at Cheltenham next with various names in the market given for who will be their next manager.

Coughlan has been manager of Newport County since October 2022 and saw his side finish in 15th position in League Two at the end of last season.

BetVictor say that there's a 50% chance that he will become the next Cheltenham Town manager with Steve Cotterill just behind in the betting market at 2/1.

Wade Elliott left the club by mutual consent on Wednesday after midweek defeat to Peterborough

Cheltenham manager Wade Elliott left the club on Wednesday after the winless start to the season for the Robins sees them sit at the bottom of the League One table.

The Robins have still not scored a goal this season with eight games played and zero scored which saw them tie a record with Halifax Town over 30 years ago.

Now though the club are without a manager and a short price to be relegated from League One and whoever comes in will have a big task on their hands.

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Next Cheltenham Town Manager Betting Odds

Cheltenham are now the heavy favourites to be relegated from League One this season

Cheltenham Town are now as short as 2/7 to be relegated from League One this season with their position in the table seeing them already 4 points off safety.

With just 1 point earned so far in the league and a goal difference of -12 they're going to have to turn their fortunes around quickly to stay in the division.

The betting odds now suggest a 77% probability of Cheltenham being relegated from League One at the end of the campaign with Fleetwood Town just behind in the market.