World Cup winning midfielder being lined up as replacement for departing McCoist.
Former AC Milan superstar Gennaro Gattuso is believed to be closing in on a return to Glasgow Rangers as manager after it was announced that Ally McCoist handed in his resignation, according to the Daily Express.
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Sources in Italy have emerged claiming that the former Rangers player is the favourite to take over from the current boss, whom handed in his resignation on Monday morning.
The Scottish club notified the Stock Exchange about their manager’s departure this morning, although McCoist will continue to take charge of first-team proceedings after being given a wage increase.
Gattuso is already a fan favourite at Ibrox, having spent a year with the club in 1997 at the age of 19. He played 51 times in Scotland under both Walter Smith and Dick Adovcaat before returning home to Italy to become a bonafide legend.
The 36-year-old has already undergone unsuccessful spells in charge of Swiss side Sion and Palermo, but is currently in charge of OFI Crete, but he is thought to be ready to leave the club in order to secure a return to Rangers.
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