The Ibrox club are looking for their first permanent manager since sacking Pedro Caixinha last October, with interim boss Graeme Murty looking extremely unlikely to be offered the reins at the end of the season.
As we’ve told you previously, ex-Gers defender Frank de Boer has been linked with the hot-seat, and he currently amongst the favourites to take over at 5/1 with bookies BetVictor.
But Gerrard – currently gaining experience as Under-18 coach at Anfield – is the surprise name in the list of candidates, and his price has plummeted from 25/1 last week to 8/1 today.
Robbie Neilson and Alex Neil are also priced at 8/1, whilst Kilmarnock boss Steve Clarke is still in the reckoning at 12/1.
But do you think Gerrard could be the man to turn around Rangers’ struggling fortunes?