BOOKMAKERS have suspended the betting for Watford's next manager as Roy Hodgson is believed to be on the verge of being the Hornets' next boss.

Betfair had the former England manager as the odds-on favourite at 1/25 on Monday evening before the betting was suspended.

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Watford are working on appointing Hodgson as soon as possible after sacking Claudio Ranieri.

Hodgson – who is the oldest man to manage in the Premier League – has been out of work since leaving Crystal Palace in 2017.

But the 74-year-old has history of working with Watford's owners after the Pozzo family hired him to manage Udinese for a brief spell.

Watford's latest defeat to relegation rivals Norwich has seen the Hornets drop into the bottom three but they do still hold valuable games in hand.

Ranieri replaced Xisco in October but was been unable to stop the rot.

The Italian collected just seven points from a possible 39 since his arrival at Vicarage Road.

The Hornets – aside from wins over Everton and Manchester United – lost 11 of their 14 matches under Ranieri.

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