Ablett was diagnosed with non-Hodgkin’s lymphoma 16 months ago, and leaves behind his wife Jacqueline and three children.
Ablett’s last role in the game was as manager of Stockport in 2009-10, and the League Managers Association revealed his death.
“On behalf of Gary Ablett’s family the LMA has today confirmed that Gary passed away peacefully last night following a hard fought 16-month battle against non-Hodgkin’s lymphoma,” an LMA statement reads.
“Respected throughout the game by players, coaches and managers alike Gary will be sadly missed.
“The LMA’s thoughts and condolences are with Gary’s wife Jacqueline and children,” it concluded.
Condolences have come flooding in from many in the game, with Kenny Dalglish leading the tributes to his former player.
“It’s a sad, sad day for his family and everyone connected with Liverpool Football Club,” he told The Reds official website.
“The most important thing just now is to pay our respects to Gary, his wife Jacqueline, the two boys and his wee girl.
“Obviously he had a long battle and I’m sure it was a lot of suffering and a lot of pain for him but the only thing you can say is at least he won’t be suffering any longer.
“I gave Gary his debut and remember him scoring on his first start at Anfield against Nottingham Forest.
“He was a really good servant to the football club not only as a player, but also as reserve team coach.
“He served the club proudly and credibly. It’s very sad for everybody,” he commented.
By Gareth McKnight