Graham Alexander was sacked on Monday after an eight-match win-less streak saw the club drop to 16th in League Two.
Williamson, currently in charge of Gateshead in the National League, plied his career at Wycombe Wanderers and Newcastle United, making more than 150 appearances for the Magpies in the top flight.
Taking up management in the summer of 2019, the 39-year-old has helped the club into the National League, where they currently sit sixth.
Former Dons boss Karl Robinson and Portsmouth head Danny Cowley are also listed amongst the front runners.
Taking up management in the summer of 2019, the 39-year-old has helped the club into the National League, where they currently sit sixth.
5. Nathan Jones
Previously employed in the Premier League with Southampton, Jones is best known for his time at Luton Town. He has been linked at 14/1 Photo: Warren Little
6. Leam Richardson
Another one who has been a regular feature on Dons' lists over the last year, the former Wigan man is listed at 14/1 Photo: George Wood
7. Lee Bowyer
Currently the manager of Monserrat, Bowyer is installed at 14/1 Photo: Ryan Hiscott
