Speaking exclusively to Football Insider, the ex-Middlesbrough and England defender suggested Gerrard taking the reins at St James’ Park at the end of the season.
Newcastle finally parted ways with Steve Bruce earlier this week (October 20) as they languish in 19th place.
TalkSPORT‘s Jim White reported yesterday (October 21) they will appoint an interim manager until the end of the season who has experience in the Premier League.
It is said they will then get a big name in and Mills has suggested that could be Gerrard.
He told Football Insider correspondent Connor Whitley: “Rangers can rest easy, Steven Gerrard would be mad to take it [now].
“I think he would be crazy. I really don’t think it would be a good idea for Steven Gerrard to take it at the moment.
“I don’t see why he would. It’s unnecessary for him to take it at the moment, he’s enjoying life where he is.
“I don’t see any benefit to him leaving right now. Maybe at the end of the season, it could be a different story. But at this moment in time, I don’t see the point.
“I would be very surprised. It would be a huge gamble to leave where he is now, where he has the chance of winning another trophy, to throw himself into that fire.”
Gerrard has been in charge of Rangers for over three years and won his first trophy last season.
He delivered a historic 55th Scottish Premiership title with an unbeaten campaign.
This article was originally posted here