Steven Gerrard has reportedly rejected an approach from Derby County to potentially take over as first team manager if Frank Lampard makes the move back to his former club Chelsea.

Gerrard, currently manager of Scottish Premiership side Rangers, remains committed to his current role after signing a four-year contract just a year ago.

Derby are preparing for an official move from Chelsea, after the Blues recently agreed to allow Maurizio Sarri to return to Italy as take over as manager of Serie A Champions Juventus.

Steven Gerrard has reportedly rejected an approach from Derby to potentially become boss

Gerrard remains committed to Rangers after signing a four-year contract just a year ago

Gerrard does not have an interest in taking over from his former England team-mate, as report the Times, and has already starting makes plans for next season with Rangers.

Gerrard has made four new signings for Rangers this summer and is targeting three more before his side depart for a pre-season trip to Portugal on Saturday.

Lampard is understood to have made clear to Derby his desire to return to Chelsea, should his former club offer him the position as first team boss.

Frank Lampard still remains Derby manager but has been heavily linked with a Chelsea return

The 40-year-old guided the Rams to the Championship play-off final last season, where they were defeated by Aston Villa.

Derby have also been linked with a potential move for another of Lampard's former team-mates, John Terry, who currently occupies the assistant's position at Villa Park.

Terry, 38, has impressed at Villa as he studied the trade and has been a positive influence on young players such as Tammy Abraham and centre-halves Tyrone Mings and Axel Tuanzebe.

He has ambitions to be a manager in his own right and as a former England and Chelsea captain, can offer Derby the profile and Premier League connections they enjoyed with Lampard.

Derby have yet to receive an official approach from Chelsea for Lampard but expect one within the next 48 hours.