Frank Lampard: Rangers job "great opportunity" for Steven Gerrard

Steven Gerrard of Liverpool scores from the penalty spot during the Barclays Premier League match between Liverpool and Tottenham Hotspur at Anfield

The former Liverpool and England captain, now in charge of the under-18s side at Anfield, said on BT Sport on Tuesday night that he has held initial discussions with the Scottish Premiership club.

Now they are hoping to conclude talks with former Liverpool skipper Gerrard.

Murty, the former under-20s coach, was appointed on an interim basis after the departure of Pedro Caixinha last October.

The Liverpool youth coach would have seen a stark illustration of how far Rangers need to progress to challenge Celtic when they lost 5-0 at Parkhead on Sunday as Brendan Rodgers's side retained the Ladbrokes Premiership title.

Murty had also overseen a 4-0 thumping to Celtic in the Scottish Cup semi-finals.

Gerrard, 37, hung up his boots in 2016 after a 12-month stint with LA Galaxy and now manages the Liverpool under-18s.

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Warnock is likely to fancy one final crack at the top flight before his retirement, however, English Football League sponsors Sky Bet have listed the South Yorkshireman as the 6/1 second favourite to fill the managerial vacancy at Glasgow giants Rangers.

"Graeme has had to contend with hard and challenging circumstances but conducted himself in a thoroughly professional manner".

Rangers lie third in the Scottish Premiership, three points behind Aberdeen and level on points with Hibernian, with three games remaining.

Assistant coach Jimmy Nicholl and Jonatan Johansson will take charge of the team for the remainder of the season, the statement added.

Speaking to talkSPORT, Lampard said: "In terms of the size of the club and knowing Steven pretty well, I think it's a great opportunity for him".

It's not yet known who will take charge for the above trio of matches as 3rd-placed Rangers bid to claim the runners-up spot behind champions Celtic.

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