Everton’s board have entered talks regarding the former Liverpool, Chelsea and Newcastle manager’s future.
The Toffees fell to an abject 2-1 loss at Norwich City - who were bottom of the Premier League at the start of the game - on Saturday.
The sobering defeat stretched Everton’s woeful run to just one win in 13 league games and there are loud calls from supporters to depart with Benitez as boss.
The Spaniard, formerly manager of Liverpool, Chelsea and Newcastle United, only took charge last summer but the Goodison Park board have entered talks to discuss his future in the hot seat.
Should the axe be wielded, Everton will require a new manager to ensure they stave off relegation this season.
There will be several names linked to the job should that be the case.
The bookmakers don’t often get things wrong when it comes to these sort of things.
Here are the leading candidates, according to Paddy Power, as things stand.
*Odds correct at time of publication
1. Wayne Rooney - 6/5
The former Everton striker is carrying out a magnificent job at Derby amid administration.
Photo: Mark Thompson/Getty Images
2. Duncan Ferguson - 7/2
The former Toffees forward is a huge fans’s favourite and did an excellent job as caretaker manager in the past.
Photo: George Wood/Getty Images
3. Roberto Martinez - 4/1
Managed Everton for three years between 2013-2016. Now in charge of Belgium
Photo: Jan Kruger/Getty Images)
4. Frank Lampard - 13/2
The former England international out of work since he was sacked by Chelsea last season but is hungry to get back into management.
Photo: RUI VIEIRA/POOL/AFP via Getty Images