Fulham clinched the final Premier League spot for the upcoming season on Tuesday, but in the latest football betting they are already Even money for relegation back to Championship at the first time of asking.
Parker's Fulham beat Brentford 2-1 in a hard fought win at Wembley.
The victory gives the Cottagers the final Premier League place for the 2020/21 season. Along with the untold riches that come with that privilege.
The promotion at the first time of asking, and capped a remarkable turnaround for Fulham.
Promotion at the first time of asking is a huge achievement, and capped a remarkable turnaround for Fulham under Parker.
He was only given the job permanently in May 2019, after taking temporary charge in February 2019, following the sacking of Claudio Ranieri.
Fulham's relegation in 2019 was a low point in the club's history. The team won just 7 league matches in that season, and conceded a mammoth 81 goals in the process.
To go from that low point to immediate promotion back to the Premier League is an outstanding effort.
Latest Fulham Relegation Betting
So, can Fulham survive in the Premier League?
Judging by the bookmaker's odds, it's going to be a hard slog for Fulham. Parker's team are just Even money to go down, vying for favouritism with West Brom.
Fulham to be Relegated - Even money with Betfair
Compare that to Leeds, who are 4/1, and there is a huge disparity.
I do believe Fulham have a chance of surviving. They have striker Aleksandar Mitrovic who has Premier League experience with Newcastle.
The Serbian striker didn't enjoy the greatest of times at St James' Park. But his Premier League experience could prove invaluable.
Sometimes a player just doesn't fit at a club, and that could simply have been the case with Mitrovic on Tyneside.
Club owner Shahid Khan will also have learned valuable lessons from the ill fated 2018/19 season.
Back then, Fulham threw endless money at the team, attempting to buy success. This ended in failure, with the club suffering a disastrous relegation. Khan surely won't make that same mistake again!
Wolves and Sheffield United are proof you can survive largely with the team that got you promoted. While on the flip side, Norwich are proof it doesn't always work.
In the 2018/19 season, the club also sacked two managers, Slaviša Jokanović and Claudio Ranieri. Leading to Parker taking over.
Fans will be hoping the club hierarchy have learned from that, and I believe they will have.