The League One club sounded out the former Anfield captain as they looked for a successor to Karl Robinson but the midfielder, who is working towards his Uefa A licence badge, is believed to want more experience before embarking on a managerial role.
Initial talks took place between the club and the 36-year-old who left LA Galaxy last week. However, Gerrard is keen on keeping his options open as he weighs up his next move.
The Liverpool manager Jürgen Klopp has made no secret of an open invitation for Gerrard, should the club legend want to hang up his boots and begin his coaching career, possibly at the club’s academy.
Speaking on Sky Sports’ Monday Night Football, Gerrard’s former team-mate Jamie Carragher said: “His family didn’t go over to the States fully but I think the MK Dons job offer came too early. I don’t think he is fully ready yet. Maybe he wants to see if he can get more experience. It’s great he’s making noises about going into management.
“If he’d have taken the job, it would have been a good decision in terms of the club. That chairman [Pete Winkelman] gave Karl Robinson plenty of time, gave Roberto Di Matteo and Paul Ince a chance. The chairman, rather than the club, would have enticed him. I think it will only be a matter of time.”
Richie Barker will continue in caretaker charge of the Dons for Tuesday’s match against Chesterfield, with the club in the relegation zone of the third tier of English football. The former Manchester United winger Ryan Giggs has also been linked with the MK Dons vacancy.
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