Betting has been suspended on Steven Gerrard being named the next Rangers manager amid reports he is due to answer the club in the near future.
Coral have closed the market on Liverpool legend Gerrard taking over at Ibrox while the Guardian report that Rangers are optimistic they will receive a positive response this weekend after holding lengthy discussions with the former Liverpool midfielder.
Should the 37-year-old accept the job, the Guardian report that he will bring Scottish 'Pool hero Gary McAllister to Ibrox as his assistant. McAllister was player-manager at Coventry City from 2002 to 2004 and also took charge of Leeds United in 2008. He later coached at Middlesbrough, Aston Villa and Liverpool, where he worked with current Celtic boss Brendan Rodgers.
Meanwhile, the Daily Record have reported that Gerrard is the Gers' second choice after the club 'hit a brick wall' with a pursuit of Kilmarnock boss Steve Clarke last week.
The current Liverpool U18 coach became the odds-on favourite to land the job after Rangers chairman Dave King was spotted watching Gerrard's former club's Champions League semi-final against Roma at Anfield. The South-African based Scot was picked up by TV cameras celebrating one of Liverpool's goals, seated not far from Liverpool legends Ian Rush and Kenny Dalglish.
If the former Liverpool captain was to land the job, he would, of course, go head to head with his former boss Brendan Rodgers in Old Firm derbies.
Gerrard took charge of Liverpool's Under 18s a year ago after reportedly turning down the chance to manage MK Dons. His side sit second in the U18 Premier League table, behind only Manchester United in the table.
He also managed the Liverpool U19 team who reached the quarter-finals of the UEFA Youth League, ousting United before losing to Manchester City.