Gerrard held extra talks over changing Graeme Murty at Ibrox final evening and affirmation will come at a 3pm press convention at Ibrox.
Gerrard has agreed a three-year deal at Ibrox and is bringing Gary McAllister in as his No 2, with Tom Culshaw and Anfield health coach Jordan Milsom making up the backroom group.
Murty was sacked on Tuesday following one other Old Firm embarrassment with Jimmy Nicholl and Jonatan Jonatan Johansson in cost for the remaining three video games of the season.
But Rangers have been in talks with Gerrard for almost two weeks now, with discussions concluding this week after Gerrard accomplished the season as Liverpool Under-18 manager and working with BT Sport in the course of the Champions League semi-finals.
BT Sport colleague Darren Fletcher tweeted: “Best of luck to Stevie G at Rangers. He’s excited, decided & completely focussed on being a hit at Ibrox. Massive alternative for each events.
“Been sensible working with him at @btsportfootball so I understand how eager he’s to make it as a manager.”
Gerrard is heading to Glasgow for the announcement after holding talks final evening and agreeing to take the new seat at Ibrox.
Rangers play Kilmarnock on Saturday as they proceed to battle for second place and Gerrard may even be within the stands to watch on.