Pep Guardiola Next Job Odds: England Favourite After Italy Rejection

The latest Pep Guardiola next job odds favour a move into international management after the Spaniard ended his trophy-laden spell with Manchester City.

Several elite clubs and national teams feature in the betting, although the timing of Guardiola’s return remains uncertain.

Guardiola has made it clear that he intends to take a break before returning to coaching, meaning the winning selection may depend as much on timing as the identity of his next employer.

In this article, we compare the full Pep Guardiola next job market using the latest football odds, examine the leading candidates and assess how the latest developments surrounding the England and Italy positions affect the available prices.

Pep Guardiola next job odds

England lead the Pep Guardiola next permanent manager’s job odds, while Barcelona and Italy are the closest challengers. The latest market also includes former clubs and some of international football’s biggest national teams.

Odds provided by Paddy Power – accurate as of 24 July 2026.

Pep Guardiola next job odds latest update

24 July 2026: Guardiola has reportedly rejected the chance to become Italy’s new head coach following several days of talks with the Italian Football Federation. The former Manchester City manager remains committed to taking a break from coaching, meaning Italy’s 5/1 price could move as bookmakers react to the news.

Pep Guardiola next job odds analysis

International teams dominate the early market, although several of the shortest-priced positions are not currently vacant. We analyse the five leading outcomes and consider whether the latest news supports their place in the betting.

Could Guardiola eventually succeed Tuchel as England manager? – 13/8

England are clear favourites in the Pep Guardiola next job odds, but this appears to be a longer-term selection rather than an indication that an appointment is close. Thomas Tuchel extended his contract until after Euro 2028 and has reiterated his commitment to remaining in charge following England’s World Cup semi-final defeat.

Guardiola has previously left the door open to managing England and is familiar with many of the country’s leading players after a decade in the Premier League. The role could suit him when he is ready to return, particularly if he prefers international football to another demanding club position.

However, 13/8 is short for an opportunity that may not become available for two years.

Barcelona reunion remains unlikely despite 5/1 odds

Barcelona’s place near the head of the Pep Guardiola next club odds is largely based on his history at the Nou Camp. He won three La Liga titles and two Champions Leagues during four exceptional seasons in charge, making a future reunion an attractive narrative for supporters and bookmakers.

The present circumstances are less convincing. Hansi Flick has extended his Barcelona contract until 2028, while Guardiola has repeatedly indicated that his period as the club’s head coach is over. A return could only become realistic after a major change in circumstances.

Barcelona cannot be dismissed from a market without a fixed deadline, but the 5/1 price appears driven more by sentiment than an obvious route back.

Italy price weakened by Guardiola rejection – 5/1

Italy were one of the most credible contenders after the Italian Football Federation confirmed an approach for Guardiola. Senior officials reportedly held several days of talks and presented him with a long-term project following the national team’s failure to qualify for a third successive World Cup.

Those discussions did not lead to an agreement. Guardiola turned down the role on 24 July, explaining that he was not ready to commit fully and still intended to spend time away from management. Unless Italy are prepared to leave the position unresolved while waiting for him, the 5/1 price now looks difficult to support.

Bayern Munich have no immediate need for Guardiola – 11/2

Bayern Munich are another of Guardiola’s former clubs and remain high in the betting at 11/2. He won the Bundesliga in each of his three seasons in Germany and has continued to speak warmly about the club, so there would be a clear relationship on which to build a potential return.

However, Vincent Kompany is under contract until 2029 after establishing himself in Munich and delivering sustained domestic success. Bayern would need to suffer a serious downturn or Guardiola would have to remain out of management for several years before the timing aligned. The link is understandable, but the current price looks short given the stability surrounding the position.

How to bet on Pep Guardiola next job odds

Pep Guardiola next manager betting requires you to predict his next permanent coaching position. Markets can remain open throughout a sabbatical, so it is important to check whether caretaker appointments, advisory roles or jobs accepted after a specified date count under the bookmaker’s rules.

Check whether the position is genuinely available

A famous club or national team may appear at short odds because of Guardiola’s history rather than an active vacancy. Review the current manager’s contract, recent results and backing from senior officials before assuming that a move is realistic.

Separate credible reports from speculation

Managerial markets can react sharply to social media rumours or loosely sourced reports. Direct talks, official statements and reporting from established journalists should carry more weight than claims based only on Guardiola having previously worked for a club.

Compare prices after major developments

Odds can change quickly after an approach, rejection or managerial departure. Comparing the market through the best football betting sites can help you identify whether one operator has reacted more slowly than its competitors.

Review promotions and betting features

Some betting offers may be available on managerial specials, although outright markets are sometimes excluded. Check the latest free bets and compare the market before placing a selection.

You can also follow the latest Premier League next manager sacked odds, as a high-profile vacancy could significantly reshape Guardiola’s next job market.

Pep Guardiola next job odds FAQs

What is the favourite in the Pep Guardiola next job odds?

England are the favourites in the latest Pep Guardiola next job odds at 13/8. Guardiola has previously shown an interest in international management and has extensive knowledge of English football. However, Thomas Tuchel is contracted through Euro 2028, so an appointment does not appear imminent.

Has Pep Guardiola rejected the Italy job?

Guardiola reportedly rejected an offer to become Italy manager on 24 July 2026 after holding talks with senior federation officials. He was interested in the project but did not feel ready to end his planned break from coaching. The news could cause Italy’s next job odds to lengthen or disappear from the market.

Will Pep Guardiola manage Barcelona again?

Barcelona are among the favourites in the Pep Guardiola next club odds because of his extraordinary previous spell in charge. Guardiola has nevertheless stated on several occasions that his time as Barcelona coach is over. Hansi Flick’s contract through 2028 also makes a short-term return unlikely.

When will Pep Guardiola return to management?

Guardiola has not set a date for his return and has said he wants to rediscover life away from football before accepting another position. His next job may therefore depend on which opportunities are available once he feels ready. Bettors should avoid assuming that he will return during the 2026/27 season.