Betano have Martin as the odds‑on favourite to land the job, with Sheehan priced at 4/1.
Russell Martin: From Swansea rebuild to Oxford favourite
Martin, who managed Swansea City between 2021 and 2023, is now tipped to make a rapid return to management after a turbulent spell north of the border.
During his two seasons at the Swansea.com Stadium, Martin oversaw a full‑scale stylistic rebuild, implementing his trademark possession‑heavy approach. His tenure produced eye‑catching football at times — including a late surge in the 2022/23 season — but also inconsistency and defensive frailty that frustrated supporters.
He left SA1 in the summer of 2023 to join Southampton, then in the Premier League, before taking charge at Rangers. That move lasted just four months, ending after what Scottish media described as a disastrous start to the season.
Now, with Oxford United sitting in the relegation zone and searching for a reset, Martin has emerged as the leading candidate to take over at the Kassam Stadium.
Alan Sheehan: Former Swans boss also in contention
Also in the running is Alan Sheehan, who had a short and bruising spell in charge of Swansea earlier this season.
Sheehan was appointed in February 2025 and guided the club to safety last season, but his second campaign unravelled quickly. A 4–1 defeat to Ipswich Town left Swansea 21st in the Championship, and he was sacked three days later.
Despite that, Sheehan remains highly regarded in coaching circles and has already held talks with Oxford United, according to reports in Oxfordshire. The club are said to be keen to speak to him formally as they weigh up their options.
Oxford’s search intensifies
Oxford United dismissed Gary Rowett just before Christmas after a run of one win in ten matches left them deep in relegation trouble. Caretaker boss Craig Short has overseen a win over Southampton and a defeat to Swansea during the interim periodOxford Mail.
With the club eager to stabilise quickly, both former Swansea managers are now serious contenders — but Martin’s odds suggest he is the man most likely to get the call.
