Southgate has led The Three Lions to a World Cup semi-final and European Championships final in his two major tournaments in charge.
But England’s worst home defeat in 94 years on Tuesday night at Molineux and their longest winless run since 2014 has led to speculation regarding who would replace Southgate as manager should he be sacked.
Many of the usual suspects are among the favourites for the job, including Newcastle United manager Eddie Howe.
Howe took charge at St James’s Park last November and helped The Magpies emphatically climbed out of the relegation zone and up to 11th in the Premier League table last season.
The 44-year-old has previously been tipped as a future England manager but is currently committed to his role at Newcastle as he prepares his side for the 2022-23 campaign.
Here are the nine favourites to become the next permanent England manager...
5. Steven Gerrard (Aston Villa) - 10/1
The England icon could be the next England manager following a solid first Premier League season with Aston Villa. | Getty Images
6. Frank Lampard (Everton) - 10/1
The 106-time England international has been listed as a potential replacement for Gareth Southgate after securing Premier League survival with Everton last season. | AFP via Getty Images
7. Mauricio Pochettino (PSG) - 10/1
Mauricio Pochettino is set to leave Paris Saint-Germain and will soon become available. The Argentinian has been priced at 10/1 to become next England boss. | Getty Images
8. Eddie Howe (Newcastle United) - 5/1
Manager of the season nominee Eddie Howe has been listed among the favourites to become next England manager. He is priced at 5/1 with Paddy Power after a dramatic turnaround with Newcastle. Photo: OLI SCARFF