According to the Scottish Sun, Rangers have agreed a deal to appoint Stuart McCall as their manager until the end of the season.
Dave King's consortium is now in control at Ibrox, and after the resignation of Ally McCoist in December, the club have needed a permanent manager for some time.
Kenny McDowall is in charge right now, but resigned in January, leaving him to serve out a notice period until Rangers can appoint a new boss.
The bookmakers have Billy Davies and Felix Magath leading the way, but the Scottish Sun are this evening reporting that McCall will take the reigns until the summer.
McCall, 50, played over 250 games for Rangers during the 1990's, becoming an Ibrox favourite in midfield under Walter Smith.
Now a manager, McCall is a free agent having left Motherwell in November, and has long been connected with the Rangers job since McCoist's departure.
McCall's work in developing the likes of Darren Randolph, Shaun Hutchinson, Chris Humphrey and Jamie Murphy is likely to have been a factor for Rangers, who need a coach to come in and nurture some young talent at Ibrox.
In fact, current Rangers midfielder Nicky Law also developed under McCall at Motherwell, and said last week that reuniting with his former boss at Ibrox would be 'fantastic'.
Now, according to the Scottish Sun, McCall has been offered the chance to manage Rangers, initially until the end of the season as they look to rescue their promotion hopes.