The betting company Ladbrokes recently suspended bets on the next coach of Irelands national football team, after the huge amount of bets on Terry Venables. Venables received 11-2 odds when the trade began. Ladbrokes decided to pull down to 7-2 in order to prevent more losses.
Terry Venables was the coach of the English national team and the Spurs. He is likely to take over from Brian Kerr, who received odds from 13-2 to 1-4, according to Paddy Power.Robin Hutchison spokesman for Ladbrokes, said that although bets could not mean anything, the amount of those favorable to Terry Venables might mean his hiring as a coach is a done deal.