The betting odds for the next Hibernian manager have been revealed.

Scottish bookmaker McBookie have priced up the first list of possible candidates for the Easter Road job after Nick Montgomery was sacked.

The 42-year-old was relieved of his duties on Tuesday morning with Sergio Raimundo and Miguel Miranda also departing the Edinburgh club.

David Gray has been named caretaker until the end of the season in his fourth stint as temporary boss having served in the role after Jack Ross, Shaun Maloney and Lee Johnson were sacked by Hibs chiefs.

Now, potential contenders to replace Montgomery have been named in McBookie's first odds list.

Leading the way is early frontrunner Derek McInnes who is priced at 2/1 after leading Kilmarnock to fourth place and a Europa League second qualifying round spot for next season.

He is followed by St Mirren manager Stephen Robinson who looks set to clinch European football for the Paisley side this season as they close in on finishing fifth in the Scottish Premiership.

Ex-Hibs and Celtic manager Neil Lennon is at 6/1 to return to the Easter Road hotseat with caretaker boss Gray 7/1 to be handed the gig full-time.

READ MORE: Hibs manager sacked as board confirm 'necessary decision'

Alex Neil is also priced at 7/1 to make a return to Scottish football at Hibs after spells at Norwich, Preston, Sunderland and Stoke down south. He is a free agent after being sacked by Stoke in December.

Youth academy graduate Kevin Thomson is 8/1 for a first chance in top-flight management at Hibs having only managed Kelty Hearts.

His former Hibs team-mate Scott Brown is another outside contender at 10/1 but he only recently took over at Ayr United.

Celtic legend Paul Lambert and former Celtic coach Damien Duff - now at Shelbourne - are both listed at 12/1.

Then, at 16/1 Raith Rovers boss Ian Murray, former Bournemouth manager Scott Parker and ex-Celtic manager Ronny Deila feature.

McBookie have listed ex-Rangers manager Michael Beale at 20/1 to join Hibs alongside Airdrie boss Rhys McCabe and Chelsea legend Frank Lampard.

Departing West Ham manager David Moyes is a major outsider according to the bookmaker having been priced at 25/1.

A Hibernian statement confirming Montgomery's departure read: "Hibernian FC can confirm that Nick Montgomery has been relieved of his duties as head coach.

"In addition, Sergio Raimundo and Miguel Miranda have also left the club with immediate effect."

The statement added: "David Gray will take charge of the first team for the remainder of the 2023/24 campaign.

"No further comment will be made at this time."

The Gordon family said: “As a board this was not a decision we made lightly, but felt it a necessary one to move the team forward.

"Although Nick and his coaching team worked tirelessly, their efforts didn’t deliver the results we had hoped for.

“We’d like to thank Nick, Sergio, and Miguel for all of their hard work and dedication, and wish them all the best for the future.”

Hibs managers list

Derek McInnes 2/1

Stephen Robinson 5/1

Neil Lennon 6/1

David Gary 7/1

Alex Neil 7/1

Kevin Thomson 8/1

Scott Brown 10/1

Paul Lambert 12/1

Damien Duff 12/1

Ian Murray 16/1

Scott Parker 16/1

Ronny Deila 16/1

Rhys McCabe 20/1

Michael Beale 20/1

Frank Lampard 20/1

David Moyes 25/1

Odds from McBookie