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Leicester City are searching for a new manager going into the 2025/26 Championship season.
Leicester parted ways with Ruud van Nistelrooy recently after the Dutchman endured a rough stint at the King Power Stadium.
The Foxes sacked Steve Cooper in November after two wins in 12 Premier League games, but were unable to avoid the drop under Ruud.
The search for a new boss is now on, but the club have problems, notably with the owners, King Power, facing a £250m payout.
Amid their ongoing financial problems, Leicester face a double-figure points deduction as they prepare to try and secure a swift return to the Premier League.
Steven Gerrard to Leicester City mooted
Before the new season gets underway, though, the Foxes have the small task of replacing Van Nistelrooy.
Chris Wilder has been discussed as an option for Leicester after he left Sheffield United following their Championship play-off final defeat.
Now, Sky Sports pundit Don Goodman has mooted the possibility of Steven Gerrard returning to England with Leicester.
Speaking to Football League World, he said: “It’s very hard to judge, because he obviously did amazing with Rangers in the SPL, didn’t go well with Aston Villa in the Premier League, and how do you judge his efforts in the Saudi Pro League.
“It’s very, very difficult. On top of that, Gerrard would be asking himself if Leicester City is an attractive job. There is a possible points deduction looming over them, no doubt there will be a massive overhaul of the playing squad, with lots of their best players wanting to leave.
“So, it’s double-barrelled. Does Steven Gerrard’s managerial career so far warrant an opportunity at a club like Leicester?
“And, if it does, is Leicester at this moment an attractive proposition for Steven Gerrard? Those are your $64million questions.”
Steven Gerrard managerial record
Gerrard began his senior managerial career in Scotland, where he was battling Celtic with Rangers.
He then had an ill-fated spell in England as Aston Villa boss before moving abroad once more.
The Englishman’s most recent role came in the Saudi Pro League with Al-Ettifaq.
Steven Gerrard’s managerial record by club:
- Rangers: 124 wins, 41 draws, 27 losses
- Aston Villa: 13 wins, 8 draws, 9 losses
- Al-Ettifaq: 19 wins, 16 draws, 20 losses
Gerrard has been out of work since January 30, 2025.