Liverpool icon Steven Gerrard has a four-year contract offer on the table from Rangers to become their new manager after fresh talks were held between the two parties, according to a report.

ESPNFC claim that the 37-year-old Liverpool Under-18 coach could be announced as early as next week with former Scotland international Gary McAllister joining as his assistant.

According to ESPNFC’s sources, the 114-times capped England star is  “ready for the challenge of top-level management” and insists Liverpool won’t stand in their former captain’s way if he decides his future lies north of the border.

Gerrard only started his coaching career earlier this season after hanging up his boots after a short stint in Major League Soccer with LA Galaxy.

With the Gers facing bitter rivals Celtic tomorrow in a match which could secure the Hoops’ seventh successive title, the news of Gerrard’s seemingly imminent arrival should give fans something to look forward to for next season.

Football Insider verdict

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Gerrard’s appointment is a huge gamble but Gers fans seem to be getting behind it and it appears to be a popular – if utterly mystifying – choice. The former Liverpool captain showed his quality as a player but as many have found out in the past, top players don’t necessarily make the best managers. Plenty have gone from being quality players to having less-than-impressive managerial careers so the jury is very much out on this one. It’s a ballsy move from both sides though and if Gerrard does take the reins then it’s a big, big leap from managing kids to trying to stop Celtic doing eight in a row.

In other Rangers news, After fresh Rangers talks PL trio on brink of Ibrox move, more signings on radar

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