Next Rangers manager odds show Steven Gerrard and Sean Dyche among the favourites to replace Russell Martin at Ibrox

Next Rangers Manager Odds: Gerrard, Dyche and 5 Shock Contenders for the Ibrox Hotseat

October 8, 2025 M Shahzad

Fact Nama Report – Rangers have parted ways with manager Russell Martin after a disastrous start to the season, sparking fresh speculation over who will take the helm at Ibrox. The next Rangers manager odds put former boss Steven Gerrard and ex-Everton manager Sean Dyche among the frontrunners, but a handful of surprise names have also entered the frame.

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Martin’s Short-Lived Tenure Ends in Disappointment

Martin was dismissed after just 17 games in charge, during which Rangers secured only one victory in the Scottish Premiership. A string of draws, coupled with early exits in Europe, left the Glasgow giants languishing in mid-table, far off the pace set by rivals Celtic and Hearts.

Fan protests outside Ibrox accelerated the decision, with many supporters voicing frustration over the team’s lack of progress and demanding immediate change.

Gerrard Leads the Pack

Bookmakers have swiftly updated their next Rangers manager odds, placing Steven Gerrard as the early favourite.

The former Liverpool captain previously enjoyed a successful spell at Rangers, leading them to an unbeaten Premiership title in 2020/21 and several memorable wins over Celtic. His return would represent a move back to familiarity, with many fans hopeful he could replicate past success.

However, Gerrard’s managerial career has been mixed since leaving Glasgow. Short-lived spells at Aston Villa and Al-Ettifaq in Saudi Arabia ended in disappointment, leaving him currently unattached and available.

Dyche Brings Premier League Pedigree

Hot on Gerrard’s heels is Sean Dyche, the former Burnley and Everton manager. Dyche is seen as a steady hand, known for defensive organisation and grit.

Bookmakers have shortened his odds to as little as 5/2, amid speculation that he could be tempted north of the border. Dyche has previously worked with Rangers sporting director Kevin Thelwell, which could make the appointment more feasible.

Although Dyche’s pragmatic style might not excite every supporter, his proven ability to stabilise struggling sides could be exactly what Rangers need.

Other Names in the Running

Several alternative candidates are also being discussed, reflecting the uncertainty surrounding the appointment.

Kevin Muscat (9/2) – The former Rangers defender and current Shanghai Port coach has won trophies in Australia and Japan. Compared to Ange Postecoglou in style, Muscat knows the Glasgow environment but remains untested at elite European level.
Danny Rohl (3/1) – The 36-year-old German coach, recently sacked by Sheffield Wednesday, is regarded as a rising managerial talent. His tactical acumen could appeal to the Rangers hierarchy.
Mark van Bommel (5/1) – The ex-Barcelona and Bayern Munich midfielder has coaching experience in Belgium, Germany, and the Netherlands. He guided Royal Antwerp to a league title in 2023 but has had inconsistent spells elsewhere.
Derek McInnes (5/1) – Currently thriving at Hearts, McInnes has deep knowledge of Scottish football. Luring him away from Tynecastle may prove difficult, but his stock has risen sharply.
Graham Potter (8/1) – The former Brighton and Chelsea boss has recently left West Ham. Though a long shot, his name continues to be linked to high-profile jobs across Europe.

Full Next Rangers Manager Odds (as of latest updates)

Steven Gerrard – 5/4
Sean Dyche – 5/2
Danny Rohl – 3/1
Kevin Muscat – 9/2
Mark van Bommel – 5/1
Derek McInnes – 5/1
Graham Potter – 8/1
Barry Ferguson – 20/1
Ole Gunnar Solskjaer – 33/1

(Odds subject to change, source: Bet365, BetVictor, William Hill)

What Next for Rangers?

The club faces a pivotal decision as it seeks to recover from a rocky start to the season. With European competition still alive and fans demanding progress, the next appointment could determine Rangers’ trajectory for years to come.

The choice between familiar faces like Gerrard, experienced hands like Dyche, or emerging talents like Rohl will define not only results but also the style and direction of the team.

For now, bookmakers will continue adjusting the next Rangers manager odds as speculation grows and the Ibrox board deliberates.

Sources: BBC Sport, Independent, Goal, TalkSport, Bet365

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