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Liverpool’s Steven Gerrard emerges as new second favourite to be Ipswich Town’s next manager

A general view of the stadium ahead the Sky Bet Championship match between Ipswich Town and Leeds United at Portman Road on January 13, 2018 in Ips...
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The Liverpool midfielder turned coach is now 4/1 to succeed Mick McCarthy at Ipswich Town.

Steven Gerrard, Manager of Liverpool during the UEFA Youth League Quarter-Final between Manchester City and Liverpool  at Manchester City Football Academy on March 14, 2018 in Manchester,...

Liverpool coach Steven Gerrard is the new second favourite to become Ipswich Town’s next manager with bookmaker, Sky Bet.

Gerrard was 11/1 on Wednesday morning but has seen his odds cut to 4/1 within a matter of hours.

The 37-year-old former Liverpool and England midfielder, who retired from playing two years ago, is now behind only Danny Cowley of Lincoln City (2/1) to succeed Mick McCarthy at Ipswich.

Ipswich Town Manager Mick McCarthy during the Sky Bet Championship match between Ipswich Town and Nottingham Forest at Portman Road on December 2, 2017 in Ipswich, England.

And Gerrard has climbed above seven names – including his former international teammate Frank Lampard (7/1) – to get there.

The Liverpudlian has no senior management experience, but has impressed in his first campaign in charge of the Reds’ Under-18s.

Tony Mowbray, manager of Blackburn Rovers looks on during The Emirates FA Cup Third Round match between Blackburn Rovers and Hull City at Ewood Park on January 6, 2018 in Blackburn,...

Cowley, Gerrard and Lampard lead Tony Mowbray of Blackburn Rovers (8/1), Jack Ross of St Mirren, Maurice Steijn of VVV Venlo and Shefki Kuqi, the unattached former Ipswich striker (all 10/1), in the Sky Bet market.

Should Ipswich Town take a gamble on Liverpool’s Steven Gerrard this summer?