Rangers need a striker and Gerrard has admitted he is after Roma's Umar Sadiq.
Reading are reportedly keen on forward Teemu Pukki.
Rangers don't have a huge amount of funds for January transfers - but that doesn't mean there's no business to be done.
After netting 27 goals in all competitions for Danish side Brondby last term, should Celtic look to re-sign Teemu Pukki?
Teemu Pukki scored just seven goals in one season for Celtic - but enjoyed the most prolific campaign of his career last time out.
The Finland international has been in fine form for Brondby.
The Finnish forward struggled for games and goals at Celtic under Neil Lennon but has found them much easier to come by with Brondby.
The striker failed to make much of an impact during his time with the Scottish Premiership side.
The striker struggled during his time with the Scottish Premiership side.
The two former Bhoys strikers faced off against each other as Omonia of Cyprus faced Danish outfit Brondby.