Rangers have not as yet established a leading candidate to be their new manager, amid reports Davide Ancelotti is set to be offered the position.

Spanish newspaper Marca say the 35-year-old Real Madrid assistant, who is the son of outgoing Bernabeu head coach Carlo Ancelotti, has been identified by 49ers Enterprises, who are in talks to take over the Scottish Premiership club.

However, Rangers are continuing discussions with potential managers, with sources indicating they are still in the early stages of the process and that suggestions of a leading candidate are inaccurate.

Five-time Champions League-winning manager Carlo Ancelotti, 65, will depart Real at the end of the month to take on the Brazil head coach job.

Italian Davide Ancelotti previously assisted his father at Bayern Munich, Napoli and Everton and was on the books of AC Milan and Borgomanero as a player.

Barry Ferguson has overseen Rangers' past 13 games as interim head coach following Philippe Clement's sacking in February.

The 45-year-old will take charge of Rangers' final home game of the season against Dundee United on Wednesday, before they end their campaign at Hibernian on Saturday.