Steven Gerrard has committed his future to Rangers by signing a two-year contract extension with the Scottish outfit, the club announced on Friday.Also Read: 8 lesser known facts about Steven GerrardLiverpool legend extends his Ibrox stayThe former Liverpool captain left his youth coaching role on Merseyside and joined Rangers for his managerial debut on a four-year deal in the summer of 2018.The 39-year-old has largely impressed during his first campaign with the club, guiding them to a runners-up finish in the Scottish Premiership and the group stages of the UEFA Europa League. Speaking to the Rangers' official website, Gerrard said, "I’m delighted to be extending my stay at this fantastic football club. When Dave King approached me about the possibility of extending my contract with Rangers, it was a very easy decision to make because I’m very happy and feel that we are building something special together at the club."I’d like to thank the Board for the backing they have given me already in my time at the Club and also most importantly, the Rangers fans who have given me and the team such tremendous backing both this season and last."🆕 INTERVIEW: Watch an exclusive interview with Steven Gerrard after the #RangersFC manager signed a new contract to extend his stay at the club.📺 Watch Now on RangersTV: https://t.co/nZmmsIIPTF🔐 Subscribe to RTV: https://t.co/FVbn5yUf7V pic.twitter.com/ZearUrE6hr— Rangers Football Club (@RangersFC) December 13, 2019Gerrard was previously tipped to succeed Jurgen Klopp as Liverpool's next manager but it appears his much-awaited reurn to Merseyside will have to wait.Rangers currenly sit at second place in the Scottish Premiership and are next scheduled to face Motherwell on Sunday.Also Read: Rangers showed 'character and guts' to go through in Europa League, says Gerrard