Mark Hateley reckons Rangers are in safe hands with Barry Ferguson until the end of the season. But the legendary striker admits he'd welcome Steven Gerrard back to Ibrox in a heartbeat. Ex-skipper Fergie landed the job of his dreams after being asked to steady the ship at his beloved club in the wake of Philippe Clement's sacking.

Rangers are searching for their next manager after sacking Philippe Clement over the weekend and former boss Steven Gerrard is the bookies' favourite, having left Ibrox in 2021

Steven Gerrard has been linked with a sensational return to Rangers as Philippe Clement heads for the exit door.

Under-fire Rangers manager Philippe Clement is reportedly on the brink of being sacked by the club. According to the Daily Record, negotiations concerning the terms of his exit package are ongoing, with the compensation expected to exceed the £1.2 million initially suggested.

Russell Martin, briefly a defender at Rangers, is a serious contender to replace Philippe Clement as manager. (Sun) Former captain Barry Ferguson will be offered the chance to lead Rangers for the rest of the season. (Record)

An update has been provided by Fabrizio Romano on the Rangers manager situation and Steven Gerrard. The next permanent Rangers manager race is on and all eyes are turning to who takes the Ibrox club into a new era.

Steven Gerrard has been out of work since leaving Saudi Pro League team Al-Nassr earlier this year and is currently the favorite to return to Rangers for a second spell

Former captain Barry Ferguson will be offered the chance to lead Rangers as manager for the rest of the season. (Record) Fellow former Ibrox players Neil McCann and Billy Dodds are linked with joining Ferguson at Rangers.