Danny Mills shared that he thought Rangers were trying to maximise the value of Gers manager Steven Gerrard by tying him down to a new deal.

Speaking exclusively to Football Insider correspondent Laura O’Leary, the former England international revealed his theory on why he thought Rangers were sorting out a new contract for Gerrard now.

It was recently reported that Gerrard was close to signing a new contract with the Gers as it is believed that he has agreed terms on a new deal which would run until 2024 after negotiations.

Mills revealed that in his opinion Rangers were trying to protect their asset in case another club tries to get him as he acknowledged Gerrard is seen as a huge part of the club’s future.

When asked whether Rangers getting Gerrard to sign a new contract is a sign he is staying put longer or whether it means a club will try to poach him soon, Mills told Football Insider: “Little bit of both, Glasgow Rangers will be protecting their asset in the form of Steven Gerrard and his coaching team.

“We know he is doing a good job, and we’ve seen with Graham Potter and Brendan Rodgers, managers who are doing well, they’re all signing new deals as clubs are protecting their assets.

“There is a part of that but also I think there is a project at Rangers and Steven Gerrard is a huge part of that.

“He wants to be able to take them as far as he can and develop himself.

“His backroom team of Michael Beale and Gary McAllister are exceptional as well, they are very much a team, they all work together.

“And that’s why it’s important to tie these people down if other clubs are going to come in, they know they have an asset and they want to maximise that.” 

Gerrard signed a four-year contract with Rangers upon succeeding Graeme Murty in Ibrox’s hot seat in the summer 2018.

In his first season in charge, the ex-Premier League star guided his side to a second-place finish in the league just behind archrivals Celtic.

In other Rangers news, Jackie McNamara urged Celtic trio to exploit the weakness of Gers player who has impressed him.