Southgate is the new favourite with Victor Chandler to take on the Swansea City post vacated by Paulo Sousa over the weekend.
Southgate worked with Chief Scout Leadbeater at Middlesbrough and has long since made his desire to return to management known after almost twelve months away from management following his departure from the Riverside.
Southgate has seen his odds cut to 5/2 with Victor Chandler – ahead of Paul Tisdale and Sean O'Driscoll at second and third favourites
Former Assistant Manager Graeme Jones remains at low odds with the bookies but is unlikely to make a return to the Liberty in a managerial capacity.
The Swans are not known for their hesitation when it comes to appointing managers and most expect a decision on the new man within a week to ten days – whether the Leadbeater link is enough to lure Southgate to Swansea remains to be seen.
This article first appeared on JACKARMY.net.