Real Madrid assistant coach Davide Ancelotti 'under consideration' for Rangers manager

Real Madrid assistant coach Davide Ancelotti is under consideration among several candidates to become the next Rangers manager.

He is the son of legendary boss Carlo Ancelotti who is due to leave the Spanish giants at the end of the season to become head coach of Brazil.

Rangers have been looking for a new permanent manager since Philippe Clement’s exit three months ago.

Former captain Barry Ferguson was appointed head coach in February until the end of the season to replace the Belgian.

During his spell in the dugout, he has had some big results in Europe and against Celtic, but they have fallen further behind the champions in the Premiership.

It is understood that Ferguson is not a contender for the job long term.

The club’s new sporting director, Kevin Thelwell, and technical director of 49ers enterprises Gretar Steinsson, are believed to be leading the search for the next boss to take the Ibrox side into next season.

It has been reported in Spain that Ancelotti, 35, has been offered the job – but Ibrox sources insist they have yet to identify a preferred candidate.

The developments come as a deal by a US consortium to take over Rangers moves closer.

Led by Andrew Cavenagh and Paraag Marathe, head of investment for the San Franciso 49ers American football franchise, the buyout would see 51% of the club acquired by the American consortium.