Steven Gerrard has rejected Mike Ashley's approach to take over at Newcastle.
The Rangers boss rebuffed the advances from St James' Park and turned down the chance to succeed Rafa Benitez.
Gerrard and Patrick Viera were the main names in the frame for the Magpies but the Liverpool legend let it be known he wants to fulfil his ambitions at Ibrox, according to the Mirror.
Ashley understood that the chances of persuading Gerrard to take charge were slim but sounded out the possibility.
The 39-year-old wants to restore Rangers to their former glory and usurp Celtic as kings of Scotland.
He is taking charge of pre-season with his squad and preparing them for their first Europa League qualifier of the campaign.
The Gers' take on St. Joseph’s of Gibraltar and the approach for Gerrard serves as a distraction.
It seems Ashley will also be disappointed by Viera, who is content to stay with Ligue 1 side Nice amid ongoing uncertainty at Newcastle.
Sheikh Khaled bin Zayed Al Nehayan's proposed takeover has been a process fraught with mis-information and uncertainty.
As a result, plenty of fans have opted not to renew their season tickets and there are more questions than answers in the north east as it stands.