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Rangers face a battle to persuade Steven Gerrard to return as manager due to his concerns about the current state of the squad. The former Light Blues boss, who led the team to their last title, is the top choice among fans to replace Russell Martin, who was dismissed on Sunday. Gerrard had been approached by Andrew Cavenagh and his board during the previous selection process, which culminated in Martin's brief tenure beginning in the summer.
The 45-year-old indicated at that time he wasn't ready to return to management. Having just become a grandfather and left Al-Ettifaq in January, Gerrard wanted to take a break, recharge and spend time with his family. The Liverpool legend remains in no hurry to return and will only do so for the right job, having rejected several offers from clubs in recent months.
Another significant concern for Gerrard is the quality of the current Rangers squad. Sources close to him have confirmed to the Daily Record his doubts about the strength of the squad.
Sporting director Kevin Thelwell oversaw a major revamp of the squad, but most of those signings have yet to make a significant impact. This is a major issue, particularly as the transfer window is closed and no further additions can be made until January.
The club's new American owners, including the 49ers, have already invested over £20million in the squad. Whether they would be willing to splash the cash again in January to secure the quality that Gerrard believes is necessary remains to be seen.
Gerrard was at the helm of Rangers from 2018 to 2021, successfully breaking Celtic's stranglehold on the title. He guided them to the 2021 Premiership title before making his return to the English Premier League with Aston Villa.
The Rangers board was asked to compile a list of potential managers earlier this week, even before Martin was given his marching orders. Other contenders for the Rangers hotseat include Sean Dyche and Danny Rohl.
Dyche has previously collaborated with Thelwell at Everton, while Rohl recently parted ways with Sheffield Wednesday. Mark van Bommel was also considered during the last recruitment process.
Rangers are on the hunt for a new manager after Martin's tenure ended after just 122 days. His appointment was met with disapproval from the start, and he struggled to motivate his team, causing friction with several players, including star player Nicolas Raskin.
They had only managed to secure one league victory and currently sit 11 points behind table-toppers Hearts. Following the Europa League defeat to Sturm Graz and a disappointing draw against Falkirk over the weekend, Martin found himself on thin ice.
Rangers fans prevented the players from boarding the team bus, forcing Martin to make a hasty exit via a side door due to the protests. The decision to part ways was made by the Ibrox board on Sunday evening.
The Rangers' top brass have bought themselves some breathing space in their hunt for a new manager by giving the first-team squad most of this week off.
Those players not on international duty have been instructed to stay away from the training ground until later this week.
Rangers are yet to appoint an interim management team following the dismissal of Russell Martin on Sunday evening. The Ibrox hierarchy have now kicked off their search for a fresh face at the helm.
The process of shortlisting potential candidates began after Rangers suffered a defeat to Sturm Graz in the Europa League. They're keen to make a swift appointment, with Steven Gerrard, Danny Rohl and Sean Dyche likely to be among those under consideration.
The decision to part ways with Martin and his coaching staff has given them time to assemble a temporary team if necessary before their next match against Dundee United.
Goalkeeping coach Sal Bibbo and performance coach Rhys Owen remain at the club, while interim academy director David McCallum has previously stepped into a caretaker role.