BARRY FERGUSON has quit as manager of League Two outfit Clyde – and has been linked immediately with Rangers.
The 39-year-old ex-Ibrox skipper steps down at Broadwood with the side third bottom of the division after a poor run of results.
His decision kicked off speculation that his exit could pave the way for a return to the struggling Premiership club.
The Gers have lost back-to-back league games against Caley Thistle and Dundee with Graeme Murty in charge in a caretaker capacity after the shock departure of Mark Warburton and his backroom staff.
Clyde have gone 10 league matches without a win and Ferguson offered his resignation following yesterday’s 1-0 defeat to Annan Athletic.
The board “reluctantly” accepted it.
The former Scotland international midfielder was installed as the bookmakers’ favourite to take over at Ibrox, where he won five top division titles in two spells at the old club.
Ferguson said: “I want to wish the club all the very best in the future.
“I hope that it can go on and achieve its aim of reaching the play-offs this season.”
A club statement read: “Despite a welcome run in the William Hill Scottish Cup, which ended with an agonising defeat to Championship side Ayr United in a fifth round replay, both the manager and the club were disappointed with the recent poor run of League results, often not reflecting the effort and standard of play, which culminated in the defeat at Annan yesterday.
“That result leaves the club with only an outside chance of achieving the objective of securing a play-off place and then promotion to League One.
“The club would like to thank Barry for his unstinting commitment to the job over the last two-and-a-half years and wishes him every success in the future.”