Former Liverpool striker, Steven Gerrard, has signed a five-year contract to be Rangers manager.

According to Daily Star, Gerrard, 39, has impressed in trying to bridge the gap back to Celtic after years of dominance from the Hoops.

The Liverpool Legend led Rangers to a 1-1 home draw against Young Boys on Thursday night to qualify for the last 32 in the Europa League.

Gerrard’s first 18 months as Rangers boss have earned him so much respect in the club which prompted him to extend his contract till 2024.

“I’m delighted to be extending my stay at this fantastic football club.” He said.

“When Dave King approached me about the possibility of extending my contract with Rangers, it was a very easy decision to make because I’m very happy and feel that we are building something special together at the Club.

“I’d like to thank the Board for the backing they have given me already in my time at the Club and also most importantly, the Rangers fans who have given me and the team such tremendous backing both this season and last.”

Gerrard has been linked to be a possible replacement for Jurgen Klopp in Liverpool but his new contract with Rangers will finally stop such speculations.

Rangers Chairman, Dave King said, “From the moment I met Steven, I could tell that he was the right man to help us to drive this club forward on the pitch. He has an elite mentality and that is exactly what I was looking for.

“He is relentless in his desire to bring success to our Club and we are delighted that he has signed this new contract, which shows his commitment to Rangers.”

Gerrard still has a long way to helping Rangers overtake Celtic in Scottish football.

Meanwhile, Rangers will visit Motherwell in Scottish premier league on Sunday.