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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

Clement said the display in the 2-0 defeat by St Mirren as ‘by far the worst I've seen in all the time I've been here’ and he was sacked the following night

Steven Gerrard is the favourite to become the next manager of his former side, but he will be forced into waiting due to finances

The Liverpool icon has been named the favourite to return to the Ibrox dugout as Philippe Clement’s permanent successor

Steven Gerrard is among the leading contenders in the betting to replace Philippe Clement as Rangers manager. The Belgian was sacked by the Ibrox club on Sunday following a poor run of results, which has seen them lose consecutive home games to Championship side Queen's Park and St Mirren.

The former skipper is in the hot seat until the end of the season with Gerrard's name floated as Philippe Clement's permanent successor

Rangers Football Club has officially parted ways with manager Philippe Clement following a string of disappointing performances. The decision comes after Rangers suffered a 2-0 defeat to St Mirren, leaving them trailing Scottish Premiership leaders Celtic by 13 points.

It has been a whirlwind 24 hours at Ibrox with Philippe Clement shown the door and Ferguson named as interim biss