Bookmaker William Hill has made Steven Gerrard the favourite to be England's new captain.
John Terry, who is due to stand trial on charges of racism in July, was stripped of the captaincy this morning by the Football Association.
Gerrard, who is England's vice-captain, is the 8/13 favourite to skipper the national team in their opening match of this summer's European Championships.
"The decision to strip Terry of the captaincy potentially raises a number of issues, including the questions of whether Terry will still be selected to play and whether Capello is happy with the decision, possibly taken regardless of his opinion’ said Hill’s spokesman Graham Sharpe.
Other candidates in the running include Frank Lampard (5/1), Rio Ferdinand (7/1), Scott Parker (8/1), Gareth Barry (9/1) and Joe Hart and Ashley Cole (16/1).
Who will be England's next captain?
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