The retirement of Sir Alex Ferguson sees David Moyes take up the hot seat at Manchester United. Another charismatic Scot who gives the youth a chance, seemingly the perfect replacement - but who will take up the position at Everton?
Roberto Martinez is the early favourite for the job but perhaps Mark Hughes or Martin O'Neill will make a return to the top flight? Everton have promising prospects and can provide any manager with a very good team.
Meanwhile Manchester City chiefs will be on the look out for Roberto Mancini's replacement after sacking the Italian on Monday night. The odd on favourite is Malaga manager Manuel Pellegrini.
The Chilean did wonders at Villarreal, making La Liga and Champions League history with 'Los Submarinos Amarillos.' He could certainly bring a much needed spark to Man City.
Though if City want someone who knows the English game, they need only look towards the usual suspects when it comes to offloading managers - Chelsea. The appointment of Rafa Benitez was only ever a temporary fix and the London club made that clear by naming him as an interim manager.
However, the Spaniard possesses a CV glittering with trophies and these are what City's Abu Dhabi owners invested over £1billion for. Benitez has a tendency to rotate, a tactic that could suit a large squad like Man City, plus he has made no secret of his desire to remain in England.
Whilst Chelsea are thrilled with the probable return of Jose Mourinho. Blues fans will hope the second coming of The Special One can repeat the kind of glory the club basked in during his first stint. What Mourinho can bring to the club is anyone's guess but what we do know is that he and agent Jorge Mendes work closely in bringing other clients to play under Mourinho, amongst them is the much sought-after Radamel Falcao.
Mourinho leaves behind a broken Real Madrid; dethroned as La Liga champions, still without that fabled La Decima and now a manager. Carlo Ancelotti was thought to be on his way to the Spanish capital but Paris St.-Germain and Real appear to have already arrived at a stalemate. PSG blocked a move made by Madrid on Monday and now the Spanish club are reportedly refusing to pay Ancelotti's release clause, which is thought to be £3.4 million.
PSG could turn to Mancini should they lose Ancelotti, but the French champions will have to contest his services with newly promoted mega-rich Monaco.
Though the former Man City boss is also wanted in Italy. Zdenek Zeman was sacked by Roma earlier this month, whilst it is expected Napoli manager Walter Mazzarri will be moving elsewhere in Serie A.
Another option for Mancini could be Inter Milan, the club where he made his name as a coach, winning three Serie A titles in five years.
Meanwhile the big news in the Bundesliga broke in January when Pep Guardiola was named as the man to replace the retiring Jupp Heynkes at the end of the season. The German league also deprives us of any domestic summer surprises with the news that Mario Gotze will leave Borussia Dortmund for Bayern coming in April.
Nonetheless, as as Guardiola inherits the best club in the world again, I'm sure we can expect a stellar signing or two.
The rest of the Bundesliga has also been typically efficient in sorting out it's backroom affairs for next season. Jurgen Klopp is set to stay at Dortmund whilst Sami Hyypia will take sole charge of Bayern Leverkusen. Even fourth placed Schalke have extended the contract of coach Jen Keller.
The continent's managerial transfers and rumours are beginning to contend with the excitement of the players' transfer window. The summer may bring a few more surprises yet.
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