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LONDON, ENGLAND - MAY 27: Steven Gerrard during the Emirates FA Cup Final match between Arsenal and Chelsea at Wembley Stadium on May 27, 2017 in London, England. (Photo by Robbie Jay Barratt - AMA/Getty Images)

Robbie Jay Barratt – AMA/Getty Images

Liverpool icon Steven Gerrard has admitted he is interested in becoming the new Rangers manager having held talks with the club. 

Rumours have gathered pace in recent weeks that the 37-year-old is set to take the position north of the border, and the former midfielder was asked about the speculation on Tuesday when he was a pundit for BT Sport.

“There’s truth in the rumours,” he said, per Ian Herbert of the Daily Mail. “I’ve held initial talks with Rangers and the plan is to pick them up in a couple of days.”

Gerrard added the discussions had been “positive,” and when asked directly if he was likely to become the boss of the Glasgow giants he said “we’ll see.”

According to Herbert, there remain two issues in the way of Gerrard making the switch from the Liverpool academy to Ibrox.

“One is the size of transfer budget he will get to undertake a rebuild that is clearly needed,” he wrote. The other is that Gerrard is said to want the final say on incoming players, despite working under director of football Mark Allen.

As noted by football writer Jonathan Fadugba, there have been some indications in recent weeks that Gerrard is thinking more like a manager:

Following their 5-0 loss in the Old Firm game Sunday, it was confirmed Tuesday that manager Graeme Murty had been sacked as Rangers manager, per BBC Sport.

Murty took the post in October, replacing Pedro Caixinha after his tough start to the campaign. Despite investing heavily in the summer, Rangers were knocked out of UEFA Europa League qualifying by Luxembourg’s Progres Niederkorn.

GLASGOW, SCOTLAND - APRIL 29: Graeme Murty, Manager of Rangers looks on prior to the Scottish Premier League match between Celtic and Rangers at Celtic Park on April 29, 2018 in Glasgow, Scotland. (Photo by Ian MacNicol/Getty Images)

Ian MacNicol/Getty Images

After initially steadying the ship, Murty saw his side lose further ground on a rampant Celtic outfit. BBC’s Tom English believes there are bigger issues at the club than the manager:

Should Gerrard take on the position these issues will be difficult to resolve. While Rangers are third in the Scottish Premier League, the chasm between them and their bitter rivals Celtic is enormous at this point.

Rory Smith of the New York Times believes there is still potential for a new manager to do well, though:

Rangers require a coach to implement an identity over a long timeframe. Given his reputation and experience in the game, it is an area Gerrard can assist in.

The former Liverpool man is heralded on Merseyside, having helped Liverpool to the UEFA Champions League, the Europa League (then known as the UEFA Cup) and two FA Cups during his playing days. However, this will be his first step into senior management, and at a club like Rangers there will be an expectation to hit the ground running.

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