Celtic manager latest: Eddie Howe favourite to replace Real Madrid-bound Carlo Ancelotti at Everton

Eddie Howe has been installed as the favourite to replace Carlo Ancelotti at Everton, days after talks broke down about becoming the next Celtic boss.

Eddie Howe is favourite for the Everton job, days after talks broke down with Celtic. Picture: SNS

It was widely expected the former Bournemouth manager would be Neil Lennon’s permanent replacement at Parkhead.

However, the club put out a statement on Friday confirming “Eddie will not be joining the club, for reasons outwith both his and Celtic s control”.

Following his departure from the Cherries after relegation from the Premier League in the 2019/20 campaign, Howe sought to take a full year away from management.

A boyhood fan of Everton, he could be tempted to return to the game if Ancelotti leaves for Spain.

The Toffees who only managed a tenth place finish in the Premier League last season.

Other names on the bookmakers shortlist include Rafa Benitez, Frank Lampard and Nuno Espirito Santo.

Ange Postecoglou is still expected to become the new Celtic manager following the break down with Howe.