Rangers have been without a permanent manager since 26th October.
Former Swansea City boss Michael Laudrup is reportedly trying to convince Montero to join him at Al-Rayyan.
The Dane has been heavily linked with a move to Spain recently.
The Dane is happy managing in Qatar at present.
Leeds United are once again searching for a new manager after Garry Monk's departure.
The former Swansea City duo are exactly what Rangers need.
The Dane's brother Brian is a legend at Ibrox and Rangers would be getting a quality manager.
Brendan Rodgers, David Moyes and Michael Laudrup are among the familiar names being linked with Steve McClaren's job at Newcastle United.
Former Swansea City manager Michael Laudrup was reportedly being targeted by West Ham United and Newcastle United.
Ex-Newcastle United defender Steve Howey has suggested his old club may struggle to attract Michael Laudrup as their next manager.