Gerrard was axed by Aston Villa last month after winning just two of their first 12 Premier League games, but he is a 2/1 shot to make a sensational return to Ibrox. Gerrard spent almost three-and-a-half-years at Ibrox and guided the club to the Scottish title without losing a single league in 2020/21 before leaving for Villa Park in November 2021.
His old assistant Michael Beale, who has led QPR to seventh place in the Championship is also a 4/1 shot with the bookies, while former Rangers player Kevin Muscat, is available as third favourite at 6/1.
Former Burnley boss Sean Dyche (8/1), ex-Sheffield United chief Chris Wilder (16/1) and Rafa Benitez (16/1) are also in the running.
Gers have lost just twice in the SPFL but they are nine points behind rivals Celtic. They also had a disastrous Champions League campaign losing all six Group A encounters. The 7-1 hammering by Liverpool at Ibrox was particularly damaging and the recent defeat at St Johnstone, narrow win over Hearts and draw with St Mirren has led to Van Bronckhorst's 12-month reign being curtailed. A statement from the Ibrox club on Monday morning read: "Rangers Football Club confirms today it has parted company with manager Giovanni van Bronckhorst. "The board would like to put on record sincere thanks to Gio for all his efforts since his appointment as manager." It is understood that assistant manager Dave Vos and coach Roy Makaay will also be leaving Ibrox.
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