Alex McLeish could make a dramatic return to Rangers
The Ibrox board have started contingency plans as they look for a successor to Mark Warburton after his controversial exit on Friday evening.
The Rangers directors were last night considering all their options, but look likely to appoint a caretaker until the end of the season, with McLeish very much in the mix.
Chairman Dave King, via a club statement, said: “We are now in the process of reviewing the best interim and long-term solution for ensuring that a modern and robust footballing structure is put in place that will continue with and entrench the footballing philosophy that we have in place.
“We also must protect and support the marvellous work that has been achieved by the Academy over the last two years.”
McLeish, who would be assisted by former Rangers captain Alex Rae, managed Rangers between 2001 and 2006 and won seven trophies, including a domestic treble in 2003. The 58-year-old has been without a club since being sacked by Egyptian club Zamalek last May.
McLeish has a wealth of managerial experience from his spells with Scotland, Aston Villa, Nottingham Forest, Birmingham, Motherwell, Hibs and Genk, where he previously worked with Rae.
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Express Sport takes a look at some of the greatest players who have played in both the Premier League and the Scottish Premier League (now Scottish Premiership)
There has been no approach, but you never know
Frank de Boer
McLeish, ironically, will be at Ibrox today as a Sky pundit and to make the Scottish Cup quarter-final draw after the game with Morton, where Under-20 coach Graeme Murty will take charge.
Rangers are currently 27 points behind Celtic and behind Aberdeen on goal difference and King has made it clear the objective is sealing second spot.
Former Ibrox captain Terry Butcher would also be willing to take the caretaker role.
Ex-Rangers star Frank de Boer has also confirmed he would be interested in talks over the vacant job.
The Dutchman, who has previously managed Ajax, has been without a club since being sacked by Inter Milan in November last year.
De Boer, who was at Ibrox under McLeish in 2004, said: “There has been no approach, but you never know.
“Every club where I have played, especially Rangers and Barcelona who I have warm feelings for, I want to see doing well.”