The club insists it hasn't made a decision on the next Rangers manager despite the emergence of a big favourite.
Rangers have yet to make a decision on their next manager despite one candidate being as short as 3/10 with several bookmakers (implied 77% chance).
The Ibrox club are entering a key period of change, both on and off the pitch, as the search for Philippe Clement's permanent successor continues.
Club legend Barry Ferguson, a Hall of Fame inductee and former captain, was appointed interim manager on February 24th, just a day after Clement was sacked.
Clement's side had finished second to Celtic in both the Premiership and Scottish Cup but exited the Champions League qualifiers to Dynamo Kyiv. An early Scottish Cup exit ultimately sealed his fate.
Ferguson has overseen Rangers' last 13 matches. He will take charge for the final time at Hibernian on Saturday. Fan opinion of Ferguson has been divided, with criticism growing on social media suggesting the team has regressed under his leadership.
Steven Gerrard - who led the club to the 2020–21 Premiership title - has unsurprisingly been a popular name in the rumour mill, alongside a number of former Premier League managers. However, there is a stand out favourite according to the bookmakers.
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Next Rangers Manager Odds
| Manager | Best Odds | Implied Probability |
|---|---|---|
| Davide Ancelotti | 1/3 | 75% |
| Steven Gerrard | 9/1 | 10% |
| Russell Martin | 11/1 | 8% |
| Marco Rose | 14/1 | 7% |
| Danny Rohl | 20/1 | 5% |
Who is the favourite to be the next Rangers Manager?
Davide Ancelotti, the son of outgoing Real Madrid head coach Carlo Ancelotti, is the big favourite to become the new Rangers manager at a best price of 1/3 on bet365.
The 35-year-old, who has assisted his high-profile father at Bayern Munich, Napoli and Everton, was on the books of AC Milan and Borgomanero as a player.
Despite his strong position in the market, club sources indicate that the search for a new manager is still in its infancy, suggesting there is value elsewhere in the betting market.
Gerrard heads the leading pack and remains a leading candidate to return as Rangers manager at a best price of 9/1 on Paddy Power.
He enjoyed an iconic spell from 2018 to 2021, highlighted by an unbeaten title-winning campaign in 2020–21, establishing him as a modern Rangers legend. That 102-point season, which ended Celtic’s domestic dominance, is still fondly remembered by the fanbase.
With a 64.3% win rate across all competitions during his time there, as well as regular Old Firm wins and respectable European runs, Gerrard’s credentials are hard to look past depite an unsuccessful spell in the Saudi Professional League recently.
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Outside of Ancelotti and Gerrard, Marco Rose is one of the likeliest alternatives.
He quickly became one of the most talked-about names in Rangers’ managerial search following his departure from RB Leipzig on March 30th.
Previously seen as out of reach due to his Bundesliga profile, Rose was odds on for a few days last week (now back out to a best price 14/1 on Paddy Power).
What strengthens his case further is his connection to the Red Bull footballing network who could soon have direct ties to Rangers through their potential new owners, 49ers Enterprises. Red Bull hold a minority stake in Leeds United (owned by 49ers) and sponsor their shirts.
Rose has managed both RB Salzburg and RB Leipzig, winning two Austrian Bundesliga titles, a DFB-Pokal and guided Borussia Dortmund to a Bundesliga runners-up finish.
