According to BBC Sport, Stuart McCall has agreed to become the new Rangers manager.
It has been reported that the 50-year-old has been offered the role until the end of the season, and that he has accepted it.
McCall is currently out of a managerial job, having departed Scottish Premiership outfit Motherwell in November 2014.
Although it has not been officially confirmed if Rangers have appointed the former Scotland international as their boss, McCall did give a hint that he would be interested in the role last week.
The former Everton and Rangers midfielder was a guest on BT Sport’s Football Tonight show last week.
During the programme, McCall was asked if it would be a dream of his to manage Rangers one day.
This was the Scot’s reply: “I think if anybody who has been connected with the club knows the size of the club and what it means to a lot of people…
“Of course, when you are out of work, which obviously I am at this moment in time, first of all whatever job you are approached you look at it and then weight it up wherever it is.
"But I am sure that there will be some top-class coaches and managers (who will be looking at the Rangers job).”
McCall did not entirely rule himself out of the running for the Rangers job, but at the same time he did not explicitly say that he wants it.
In short, McCall was very diplomatic in his answer, but if today’s media speculation is to be believed, then he is set to return to the club he played for from 1991 to 1998.
Rangers are currently third in the Scottish Championship table with 47 points from 25 matches, 22 points behind leaders Hearts but with a game in hand.