Five reasons why Steven Gerrard is the favourite in the next Rangers manager betting odds

The hunt for the next Rangers manager has sparked major excitement among fans and bettors alike.

After a spell of managerial changes in the UK (now including Luton's reported pursuit of Jack Wilshere), speculation is running high over who will take charge at Ibrox next.

Betting markets have reacted quickly and Steven Gerrard has surged to the top as the clear favourite. 

Major bookmakers such as Paddy Power, Bet365, and Sky Bet have all placed him ahead of names like Kevin Muscat, Sean Dyche, and Derek McInnes.

Gerrard’s strong history with Rangers, recent public remarks, and the lack of other standout candidates have all contributed to his rise in the odds, making him the odds on favourite to return to Glasgow.

Who is the favourite to be the next Rangers manager?

Could Steven Gerrard return to Rangers? Five reasons why

As speculation grows and betting odds continue to shift, one question dominates the conversation - could Steven Gerrard make a return to Ibrox? Here are five key reasons why he stands out as the favourite in the race for the next Rangers manager.

1. Gerrard’s Successful Spell at Rangers (2018–2021)

Steven Gerrard transformed Rangers during his previous tenure, ending Celtic’s dominance and leading the team to their first Scottish Premiership title in a decade in the 2020–21 season. His management also brought defensive solidity and impressive performances in Europe (64.8% overall win rate).

2. Emotional Connection and Unfinished Business

Gerrard’s bond with the club and its supporters runs deep, with many fans feeling his departure in 2021 left unfinished business at Ibrox. This emotional tie, coupled with his own public statements reflecting fond memories and ambitions for Rangers, strongly influences both fan opinion and market predictions.

3. Familiarity With the Club and Scottish Football

Gerrard’s prior experience with Rangers and in Scottish football means he understands the league’s challenges, the expectations at Ibrox, and the pressure from Old Firm rivalry. This familiarity ensures a quicker transition and greater stability if he returns, which bookmakers factor positively into their odds.

4. Lack of Clear Alternatives in the Market

Bookmakers’ lists show a shortage of other standout managerial candidates at the moment, elevating the probability of Gerrard's appointment. Many rivals in the betting odds have either limited top-flight experience or lack proven success in similar environments, boosting his appeal as a reliable choice.

5. Legacy and Managerial Reputation

Gerrard’s legacy at Rangers as a title-winning manager remains unmatched in the club’s recent history. His strong reputation in British football and previous success mark him as the candidate most likely to inspire confidence among supporters, players and stakeholders.

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How long was Steven Gerrard at Rangers?

Steven Gerrard was the manager of Rangers from 1 June 2018 until 11 November 2021, leading the club for just over three years. His tenure spanned three full seasons, during which he oversaw remarkable improvements in the team's performances.

Was Gerrard successful at Rangers?

Gerrard’s time at Rangers is widely regarded as a success, highlighted by winning the Scottish Premiership title in 2020–21 which ended Celtic’s long-standing dominance and clinching Rangers’ first league crown in a decade.

He also steered the club to memorable European runs and solid domestic records. Gerrard maintained a win rate of 64.8%, ranking seventh among all Rangers managers and with one of the best defensive records in the club’s history with an average of 0.70 goals conceded per game.

Did Steven Gerrard play for Rangers?

Steven Gerrard never played for Rangers during his professional football career. He is a legendary player for Liverpool and the England national team, but his association with Rangers has only been through his role as manager.