Sam Allardyce is now as low as 1/8 with the bookies to get the Sunderland job and Friday morning, the Guardian reports that the former Newcastle Manager is set to meet Ellis Short to discuss the job.

After initially claiming to be not interested, our old friend has returned from his Spanish holiday home (paid for with his pay-off after a disastrous seven months at Newcastle) ready to take the job, as he has had indications from the Sunderland owner that his demands will be met.

The Guardian say that Ellis Short will agree to make Sam Allardyce the highest paid manager in their history.

Plus he expects to get significant funds to try and turn the club around, starting in January.

On the subject of transfer targets, Sam Allardyce will also demand the final say on which players come and go.

Sunderland’s Director of Football, Lee Congerton, has already resigned and is now working out his notice.

The former West Ham boss will also be handed a significant bonus if he keeps Sunderland up, no surprise considering the massive extra TV riches coming into play from next season.

It is well documented how Sunderland have a habit of changing managers just before a derby and if/when Sam Allardyce is confirmed, he will join the likes of Poyet, Di Canio and Advocaat who all did the same.

The thought of Sam Allardyce presiding over yet another derby win over Newcastle may well be the last straw for many Newcastle fans, Steve McClaren and his players beware.

Before that derby game, Newcastle face Norwich at home, whilst Sunderland travel to West Brom.