Spanish second-tier outfit Deportivo La Coruna have reportedly expressed an interest in bringing Davide Ancelotti to the club.
The Italian has been widely linked with the vacant Rangers post over the past few weeks.
The Ibrox side remain on the hunt for a permanent successor to Philippe Clement.
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Ancelotti's name has been mentioned in connection with the post, although Spanish outlet Estadio Deportivo claims that La Liga 2 side Deportivo La Coruna have expressed 'interest' in making him their manager for the 2025/26 season.
It is said that Ancelotti also has an 'offer' from Rangers, as he ponders his next move after splitting from his legendary father, Carlo, who was recently unveiled as the new Brazil manager.
It remains to be seen whether Ancelotti will come to Ibrox.
Dave King recently outlined his preference for who the new Rangers manager should be: "I'd be very surprised if they haven't spoken to him because Steven [Gerrard] is the obvious choice," he told the Rangers Review.
"I think I know him well enough to fairly accurately state it would be unfinished business for him.
"Steven left at a time he didn't want to leave. That's a fact. And the team was still top of the league at the time that he left. He wanted to defend that title. I think he would have defended the title had he stayed.
"So from Steven's personal point of view and where he is at the moment, I think he'd love nothing more than to come back to the club and take on the challenge of restoring the club. And it's not just about one title because the project that we hope we're starting now is a project to make Rangers the dominant number one team in Scotland.
"It's not about winning another league title. It's about really putting Rangers back at the top. This is a project. It's not a one-off. And I think Steven would be perfect for that.
"So I'd be very surprised if they haven't spoken to Steven because he's, as I say, he's by far the least risky candidate to give new money to, by far the least risky candidate."
