Gerrard, 37, had been in negotiations with the Scottish Premiership club since last week, and they prepared for his appointment by sacking caretaker manager Graeme Murty on Tuesday.

That night, Gerrard confirmed he was in discussions to replace Murty, saying in an appearance on BT Sport on Tuesday night that "positive talks" had been taking place.

Sources told ESPN FC earlier this week that Rangers have a four-year contract prepared for Gerrard and plan to have Gary McAllister as his assistant.

Gerrard, who retired in 2016 after two seasons with LA Galaxy, took over as a Liverpool academy coach in April 2017.

Meanwhile, former Liverpool boss Gerard Houllier believes the appointment would be good for Gerrard's managerial development.

"He's got to make sure he has enough money to buy good players, because it's better to play with good players than bad players," Houllier told L'Equipe. "Be honest, be yourself, never forget that leadership is a transfer of emotions. So, if he's sad, the team will be sad; if he's upbeat, the team will be upbeat.

"If he believes in himself and in the players, they will know that and respond to that. All I know is that if he takes on Glasgow Rangers, he will have more responsibility, and that will be good for his development as a coach."