Rangers Takeover Imminent as Andrew Cavenagh Nears Manager Decision—Gerrard Out, New Names Emerge

Rangers Takeover Imminent as Andrew Cavenagh Nears Manager Decision—Gerrard Out, New Names Emerge



Rangers are on the brink of finalizing both their new manager and ownership transition, with developments accelerating at Ibrox. As the takeover by 49ers Enterprises inches closer to completion, investor Andrew Cavenagh has stepped up his involvement in the search for the club’s next permanent manager.

Sources close to the situation report that Cavenagh, who has recently arrived in Europe to advance talks, is playing a hands-on role in the recruitment process. He is working alongside trusted figures such as Patrick Stewart, Gretar Steinsson, and Kevin Thelwell to ensure the club is fully prepared ahead of the fast-approaching summer transfer window.

According to *Daily Record* journalist Keith Jackson (29 May), the American consortium’s acquisition of the Glasgow club is just “days away” from being finalized—well ahead of the mid-June estimate. This earlier-than-expected timeline means that Cavenagh is now poised to make the final managerial decision himself.

While Steven Gerrard was initially considered a strong candidate to return to Ibrox, fresh reports suggest that the former manager has officially withdrawn from the race. Although initial talks took place with club representatives, Gerrard reportedly opted to remain in the Middle East, influenced by family preferences. Sources indicate that the Liverpool legend plans to stay in Bahrain for at least another season.

With Gerrard no longer an option, the focus has shifted to other contenders. Real Madrid assistant Davide Ancelotti and Southampton manager Russell Martin are now believed to be the leading candidates for the role. Internal discussions are already ongoing, with a final decision expected imminently.

As Rangers look to re-establish themselves at the top of Scottish football and gear up for a busy summer, Cavenagh’s swift appointment of a new manager is seen as critical. Fans are eager for the 49ers-backed era to begin, and the club’s leadership is under pressure to hit the ground running.

With the managerial situation nearly resolved and the takeover about to be completed, a new chapter is about to begin at Ibrox—one that supporters hope will bring stability, ambition, and silverware back to the blue half of Glasgow.

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