Warburton recently told BBC Scotland that he has had held 'informal talks' with Rangers and has now gone into detail about what he wants from his next job in an interview.
Indeed, the 52-year-old insists he will look at what is available yet never be 'disrespectful or arrogant enough' to pick and choose his jobs.
But the former Brentford boss admits he wants to work at the 'right level.' Could that level be trying to get Rangers to the Scottish Premiership?
Warburton said: "If the right job doesn’t come along, you have to look at what’s available. I’ll never be disrespectful or arrogant enough to think I can pick and choose my jobs - that’s never going to happen. It’s just about trying to strengthen my standing in the game, and I think every manager would say the same.
"I’ve hopefully got a lot to offer, so it’s about making the right choice. I’m not saying I want to work at a certain level but I hope that the opportunities come along at the right level, whatever that may be."
Rangers endured a season to forget last term when it came to earning promotion from the Scottish Championship at the first time of asking. Is Warburton the right man to get the Gers into gear?
Another former Brentford boss in Martin Allen certainly thinks so, recently suggesting the 52-year-old would be a 'sensational' choice that would break the mould at Rangers. According to Allen, Warburton is nothing like Ally McCoist or Stuart McCall, he is very much an all-round, modern manager.