The former Swansea and Reading manager also feels Gerrard's experience at the highest level as a player will stand him in good stead if his first management role were to be at a club as big as Rangers.
He added: "There's many [challenges]. First and foremost it's the football challenge. Of course he has lived with expectation all of his life having played for Liverpool and captained England as well.
"When you go into any job, particularly at one of the big clubs, there is always that expectancy. But like I say, it's all speculation and I don't want to spend the whole time here talking about that.
"With all due respect they already have a manager in place working at Rangers at this moment, who has done a good job in his time there."
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