Next Rangers Manager Betting Odds: Steven Gerrard Odds-On for Ibrox return as market changes once again!

Steven Gerrard is odds-on to return to Ibrox as Rangers search for a new manager. Jose Mourinho has entered the market at 4/1, causing a stir in the latest betting.
Next Rangers Manager Betting Odds: Steven Gerrard Odds-On for Ibrox return as market changes once again!
Jake Ashton
Jake Ashton - Your Betting Odds Guide 👍

I break betting odds news as it happens, so you’re never left behind when the market moves or a top offer lands.

  • Steven Gerrard is now odds-on to return as Rangers manager with no official appointment confirmed
  • Jose Mourinho shortens to 4/1, sparking speculation of a shock arrival in Glasgow
  • Betting sites remain active on this volatile market with movement expected in the coming weeks

Steven Gerrard Odds-On for Rangers Return as Manager Hunt Continues

With Rangers still yet to appoint a new permanent manager, the betting market has taken another twist and it's a familiar face now leading the field. 

Steven Gerrard is odds-on favourite to make a sensational return to Ibrox where he previously led the club to a Scottish Premiership title in 2021.

UK Betting Sites have cut Gerrard's price significantly, with many now offering him at odds of 8/13 to land the job. 

The move comes as fan speculation mounts and club silence fuels the belief that Gerrard could be set to resume unfinished business in Glasgow.

Perhaps even more eye-catching is the emergence of Jose Mourinho who has moved into 4/1 in the latest odds with Bet365

The Special One is currently Fenerbahçe manager and while a move to Scotland might seem unlikely the betting market is reacting to a flurry of interest.

Next Rangers ManagerOddsProbability
Steven Gerrard
8/1361.9%
Jose Mourinho
4/120.0%
Russell Martin5/116.7%
Barry Ferguson8/111.1%
Kevin Muscat16/15.9%
What the expert says...
The fact that Gerrard is now odds-on tells us the market is leaning heavily toward a reunion. But the emergence of Jose Mourinho at 4/1 shows just how unpredictable this search could still become.

Jake Ashton - Football Betting Expert - OLBG.com

Could Gerrard Really Return?

Gerrard’s successful first spell at Rangers ended in 2021 when he departed for Aston Villa. 

While his time in the Premier League was less fruitful, a return to a club where he enjoyed both support and silverware could be the perfect fit to relaunch his managerial career. 

At odds-on, betting sites now believe it’s a likely reunion.

Next Glasgow Rangers Manager Betting Odds (Contenders & History)
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Mourinho Enters the Market

While Mourinho is a long shot in some eyes, the 4/1 odds reflect significant interest. 

Known for his high standards and European pedigree, his availability and links to ambitious projects have made him a wildcard option in several job markets.

A move to Ibrox would be stunning but not completely out of the question after he flirted with the role during press conferences for his Fenerbahçe side's Europa League games against Rangers earlier this season.

The Best Football Betting Sites 2025
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Where to Bet on the Next Rangers Manager

With the market wide open and no official confirmation from the club, betting sites continue to offer odds on the next Rangers manager

Whether you're backing Gerrard's return or a wildcard like Mourinho or Kevin Muscat, there’s still value to be found.

Check out the top betting sites and take advantage of current free bets if you're getting involved.

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