Next Permanent Rangers Manager Betting Odds & Predictions

Last updated: 7 October 2025 by Leon Marshall

Rangers have parted ways with Russell Martin after a grim start that left them marooned in mid-table and drifting behind Celtic and surprise leaders, Hearts. We break down the frontrunners in the new Rangers manager betting odds and the value outsiders, and what each would mean for Rangers right now.

Rangers’ managers are seemingly like buses at the moment. If you miss one, wait long enough, and another will be along shortly!

Russell Martin lasted just 123 days and was shown the door following a run of poor results that left the team languishing in mid-table and already well adrift of Celtic. To make matters worse, Hearts are having the season of their lives and have replaced Rangers in the two-horse race that is the Scottish Premiership.

The former Southampton boss oversaw a difficult spell at Ibrox, with early Champions League elimination and a string of disappointing league performances eroding confidence. The decision, announced after Sunday’s 1-1 draw with Falkirk, was widely expected.

The club will now look to appoint a manager capable of steadying the side and reigniting a title challenge. We look at the leading contenders, their credentials, and what each could bring to Ibrox.

Russell Martin’s exit marks the latest chapter in a turbulent period for Rangers. Under the club’s American-led ownership, expectations remain high, but results have fallen short. With Kevin Thelwell overseeing football operations, attention now turns to finding the right figure to bring consistency and leadership. Rangers have appointed four managers in two years, underlining the importance of getting this decision right.

The next appointment must stabilise the squad, reconnect with supporters, and deliver results both domestically and in Europe.

Rangers’ Next Chapter: Restoring Stability

Rangers’ start to the 2025–26 season has been one to forget. A heavy Champions League qualifying exit, followed by dropped points against every league oppent except Livingston, left the club facing an early crisis. The board, aware of growing unrest among supporters, acted swiftly.

With investment continuing under the 49ers Enterprises group, the expectation is clear – to challenge Celtic again and re-establish Rangers as Scotland’s leading club. The current odds from online bookmakers reflect a range of options, from familiar faces to tactically progressive coaches keen to make their mark at Ibrox.

Steven Gerrard (2/1) – A Hero’s Possible Return

Steven Gerrard tops the market for a dramatic return to Ibrox. The Liverpool legend famously led Rangers to an unbeaten league season in 2020–21, ending Celtic’s dominance and restoring pride to the club. His previous success in Glasgow makes him an obvious candidate. Gerrard knows the expectations, the pressure, and the scale of the job – all of which could allow him to settle quickly. His connection with the fan base remains strong, and sources close to the club suggest that early contact has already been made.

However, there are question marks. His subsequent spells at Aston Villa and Al-Ettifaq were mixed, and some fans still remember how abruptly he departed in 2021. Yet, for a club seeking a proven motivator who understands what Rangers stand for, Gerrard represents both familiarity and unfinished business. A second spell could offer redemption – and a chance to lead Rangers back to the top once more.

Sean Dyche (3/1) – The Disciplined Rebuilder

Sean Dyche has quickly become a leading contender, with his proven track record in the Premier League making him a strong fit for the current situation. Renowned for his organisation, discipline, and clear tactical identity, Dyche is viewed as a steady hand who could bring structure and accountability to a fragile squad. His ability to build resilient teams at Burnley and Everton on modest budgets has earned widespread respect, and Rangers’ hierarchy admire his no-nonsense approach.

Dyche’s main obstacle could be stylistic. The club’s owners are keen to modernise the team’s playing identity, and Dyche’s pragmatic football may not fully align with that vision. Nonetheless, his experience of rebuilding clubs and fostering unity would appeal to many at Ibrox. Should Rangers opt for a proven operator to stop the rot and re-establish standards, Dyche would be an obvious and dependable choice.

Danny Rohl (4/1) – The Modern Thinker

At just 34, German coach Danny Rohl represents the modern face of football management. His tactical reputation continues to grow after an impressive stint at Sheffield Wednesday, where he introduced an energetic, attacking style that earned plaudits across the EFL. A former assistant to Hansi Flick with Germany and Bayern Munich, Rohl is known for his analytical approach and focus on player development – qualities that fit the long-term vision outlined by Rangers’ new leadership.

Appointing Rohl would be a bold move. He is young and untested in a club of Rangers’ scale, but his ideas could reinvigorate the squad and attract emerging talent. Supporters still recall the risks taken with Russell Martin, yet Rohl’s pedigree and growing reputation may convince the board that this is a gamble worth taking. If Rangers want to build something sustainable and forward-looking, the young German may be the man to lead it.

Kevin Muscat (11/2) – The Familiar Fighter

Former Rangers defender Kevin Muscat has long been linked with a return to Ibrox, and his name has once again been mentioned prominently. Now an established coach with titles in Australia and Japan, Muscat has demonstrated his ability to adapt his methods to different cultures and competitions. His most recent success with Yokohama F. Marinos demonstrated a fluid, attacking brand of football – quite different from the combative style he was known for as a player.

Muscat’s passion for Rangers is undeniable, and his understanding of the club’s demands could make him a popular choice. The challenge would be prising him away from his current post, as he remains under contract in Asia. If the timing aligns, Muscat could offer the perfect mix of familiarity and freshness, combining modern coaching with the steel and mentality the Ibrox crowd expect.

Derek McInnes (13/2) – The Proven Scot

Derek McInnes, currently enjoying a strong spell with Hearts, has forced his way into the conversation after guiding the Edinburgh club to the upper reaches of the Premiership. A former Rangers player, McInnes knows the pressures of Glasgow football and has built a reputation as one of the most consistent managers in Scotland. His tactical pragmatism and experience at Aberdeen and Kilmarnock provide him with a solid foundation in the domestic game.

While McInnes may lack the glamour of some rivals, his teams are organised, competitive, and disciplined – traits Rangers have lacked in recent months. The question is whether the board see him as the long-term visionary they want. His odds reflect a genuine outside chance, and while many fans might prefer a higher-profile name, few could deny McInnes’s credentials for stabilising Rangers and restoring fight to the side.

Other Names in the Frame

Several other coaches feature among the outsiders. Steve Cooper (14/1) is admired for his work at Nottingham Forest and could be tempted by a project that offers European football. Gary O’Neil (25/1) is another respected Premier League coach known for tactical clarity, while Michael Carrick (33/1) remains a long-term prospect after his progress at Middlesbrough. Barry Ferguson (20/1) is again mentioned as a sentimental option, but the former captain is unlikely to be considered for the permanent role at this stage.

What’s Next for Rangers?

Rangers are expected to move quickly, with the board eager to have a new manager in place before the end of the international break. The shortlist reflects a balance between experience and innovation, with Steven Gerrard leading the early betting ahead of Sean Dyche, Danny Rohl, Kevin Muscat and Derek McInnes.

The next appointment must stabilise results and reconnect with support, while aligning with the ambitions of the new ownership. Whoever takes over will inherit a squad low on confidence but full of potential – and the task of reigniting Rangers’ challenge to Celtic will begin immediately.