Rangers chairman Dave King has decided that the board will meet the transfer budget needed by Steve Gerrard to improve the squad once he arrives at Ibrox, according to a report.

The Daily Mail claims that King is confident that Gerrard will not be put off by finances and it is expected that he will be announced as the Gers’ next boss sometime next week.

However it is understood that managerless English Championship club Ipswich Town are also interested in the Liverpool Under-18s coach, and there’s a chance that they could hijack Rangers’ deal.

The report adds that Gerrard may be expected to oversee yet another upheaval at Ibrox with a spate of senior players set to leave Govan at the end of the season.

Football Insider verdict

It will be very interesting to see how much Gerrard is given to spend in the summer transfer window, although it seems that most of the business will be sorted out by director of football Mark Allen with it being widely reported that Allan McGregor and Scott Arfield are bound for Govan. Gerrard will surely have the last say on transfers and sanction Allen to sign them, but it will still be a system that will get the same old pundits talking, especially if it goes wrong. There’s no harm in trying something different. Rangers can rely on what they have been doing for the past two seasons because it’s not working as well as people would’ve hoped.

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In other Rangers news, one of Gerrard’s former Liverpool team-mates has dropped a hint that he could be on his way to Ibrox in the summer.

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