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May 8 (Reuters) – Bookmakers were quick to install Everton manager David Moyes as the favourite to replace Alex Ferguson, who announced he was stepping down as boss of Manchester United on Wednesday after more than 26 trophy-laden years in charge. Moyes was made odds-on favourite with a host of British bookmakers shortly after Ferguson’s announcement, made via a statement on the club’s website, with those odds continuing to drop. Fellow Scot Moyes has built a steady career in over a decade at the Merseyside club, continually overachieving on a much smaller budget than their rivals. …

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