Former Liverpool and England captain Steven Gerrard has agreed to become the new manager of Rangers, according to reports. The 37-year-old verbally agreed on a three year deal with the Ibrox board in London late on Thursday and is expected to be officially confirmed as the new manager within 24 hours.

It will be Gerrard's first appointment at senior level with his coaching experience limited to Liverpool's Under-18 side for the past year.

Former Liverpool, Leeds United and Scotland midfielder Gary McAllister will be appointed as his assistant at Ibrox.

Gerrard will not take on the role until the end of the season with Jimmy Nicholl and Jonatan Johansson seeing out the remainder of the season with the club sitting third in the league.

His first task will be to rebuild a Rangers side that must close the gap on Scottish champions Celtic, who just won their seventh title in a row under Gerrard's former manager Brendan Rodgers.

Gerrard made 504 appearances and scored 120 goals at Liverpool, with the highlight of his career winning the Champions League in 2005.

He represented England 114 times, scoring 21 goals and captained the team at the 2010 and 2014 World Cups.

What are your thoughts on Ranger's appointment of Gerrard as manager? Is it a PR stunt or is it inspired?