Steven Gerrard has dropped a huge update about Allan McGregor's contract situation at Glasgow Rangers.

What's the word?

The 39-year-old, who re-joined Rangers on a two-year deal after his contract at Hull City expired in 2018, returned from his summer holidays fresh and revitalised and has helped Gerrard's side storm to the top of the Scottish Premiership.

"We are delighted with his form and if he can maintain that from now until the end of the season then I am sure that will be a big help to us. He is the reason, or one of the big reasons, why we are in the position we are in today," Gerrard said, as reported by The Glasgow Times.

"We all know his age, we all know his situation and in the coming weeks, I will be sitting down with Allan and having a real good conversation to see what is next for him.

“He will be a major factor in what happens moving forward. We will respect him. He knows his body, he knows where he’s at, he knows where his hunger levels are."

McGregor has cemented himself as the club's first-choice goalkeeper, and with his current deal expiring in the summer, a new deal seems like the next logical step given Gerrard's comments on his long-term role in the side, provided the veteran wants to continue.

Ross Wilson must act now

Despite his advanced age, McGregor is showing no signs of slowing down just yet. He has made 20 Premiership appearances this season, keeping 14 clean sheets, that being the best of any other keeper in the competition besides Aberdeen's Joe Lewis as they sit joint-top of the leaderboard.

Even his closest rival Jon McLaughlin is struggling to keep up, although he has experienced a downturn in terms of game time most recently but still, the seasoned veteran keeps waxing strong.

While McGregor, who was recently described as "irreplaceable" by the Ibrox manager, may not be the same player he was a decade ago, he has adapted to the rigours of modern-day football and he almost always delivers when it matters the most.

The Rangers ace's display in the second Old Firm derby of the season proved that while he may be getting on in years, age is just a number and that class is permanent. Against Kilmarnock, he managed to keep yet another clean sheet to add to his impressive record.

When the going gets tough, it's fair to say that McGregor will come up with the goods more often than not, just like he has done for the majority of his career. This is exactly why Ross Wilson must act now - he simply means too much to the club both on the pitch and off it in terms of their future success.

AND in other Rangers news, Ross Wilson must prioritise giving Glen Kamara a new contract...