Former Burnley boss Sean Dyche is the favourite in the market to replace Scott Parker as Bournemouth manager.
Parker was sacked on Tuesday, just days after the Cherries were hammered 9-0 by Liverpool at Anfield - a result that equalled the biggest win/defeat in Premier League history.
In the aftermath, he called for further signings prior to Thursday's transfer deadline, claiming: "Every one of us needs to make that decision."
But in the statement confirming the decision on the club's website, Bournemouth owner Maxim Demin said: "In order for us to keep progressing as a team and a Club as a whole, it is unconditional that we are aligned in our strategy to run the club sustainably."
Odds correct at 1850 BST (31/08/22)
Dyche has been out of work since he was sacked by Burnley in April - bringing an end to his ten-year spell at Turf Moor.
He had secured Premier League survival for five successive seasons when he was relieved of his duties, while also guiding the Clarets to the Europa League in 2017/18 as they finished 7th.
Second-favourite is Bodo/Glimt manager Kjetil Knutsen.
He has led the minnows to back-to-back Norwegian titles and the quarter-finals of the inaugural Europa Conference League - a competition in which they thrashed eventual winners Roma 6-1 in the group stage.
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