Paul Lambert in running for Celtic job after revealing Blackburn Rovers exit
Former Celtic star Paul Lambert is among the favourites to take over as manager after he announced his impending departure from Blackburn Rovers.
The odds on Lambert to succeed Ronny Deila as manager were way out at 33/1.
However, they have now been slashed to as little as 2/1 after Lambert revealed he will be leaving Ewood Park at the end of the season.
Lambert played at Celtic Park for eight seasons after joining from Borussia Dortmund, where he won the Champions League. While at Celtic he helped the club win four league titles and reach the 2003 UEFA Cup final.
Northern Ireland boss Michael O'Neill and former Liverpool manager Brendan Rodgers also have their admirers at Parkhead.
Lambert has decided to activate a release clause in the two-and-a-half-year contract he signed in November.
The Scot said: "I would like to thank the owners, and especially the players, staff and fans for the tremendous backing and support I have received since I arrived. It's a brilliant club, with great people, and I wish it every success in the future. For now, I remain fully focused and determined to try to win the final two games of the season."