Steven Gerrard's Odds of Shock Return Revealed After Confirmed Manager Sack News

Following the confirmed sacking of a Premier League manager, bookmakers have revealed Steven Gerrard's odds for a shock return to management, positioning the Liverpool legend as a leading candidate for the vacant role.[9][1]

Gerrard, who has been out of work since departing Saudi Pro League side Al Ettifaq by mutual consent in January 2025, is increasingly linked to top jobs amid ongoing speculation.[1][4] Recent reports highlight his odds being slashed from 8/1 to 5/1 to take over at Burnley, following struggles under current boss Scott Parker. Parker guided Burnley back to the Premier League last season with a record-breaking defensive campaign in the Championship, but his team sits 19th with just 12 points from 20 games, nine points from safety.[1][6]

Gerrard is now the second favourite for the Burnley job behind Manchester United legend Michael Carrick at 3/1, with former West Brom manager Carlos Corberan at 9/1, and others like Kjetil Knutsen, Lee Carsley, and Ole Gunnar Solskjaer at 12/1.[1] Parker himself has become the second-favourite among Premier League managers to be sacked next.[1]

Elsewhere, Gerrard features prominently in other markets. He was recently offered a return to Rangers after Russell Martin's dismissal but turned it down, though odds fluctuate wildly—once at evens, now up to 20/1 or even odds-on at 4/7 in some books, amid talk of "unfinished business."[2][3][8] Next club odds list Rangers at 6/4 (40%), alongside Swansea (9/4), Derby (5/2), and Burnley (8/1).[3] Longer-term, he's at 6/1 for Liverpool's hot seat by May 2026.[5]

Gerrard's managerial record includes a triumphant Rangers stint (65% win rate, 2021 title), a brief Aston Villa spell (33% win rate), and Ettifaq (39% win rate).[4] The sacked manager news has ignited fresh betting activity on the 45-year-old's next move.[9]

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