Rangers manager after fresh talks with new Ibrox bosses.
SunSport can reveal the ex-Gers and Scotland defender is in final negotiations over personal terms to succeed Philippe Clement.
It now seems certain he has seen off competition from Davide Ancelotti, Steven Gerrard, Brian Priske and Francesco Farioli to land the biggest job of his career.
New chairman Andrew Cavenagh and the 49ers Enterprises completed their Ibrox takeover last Friday.
New sporting director Kevin Thelwell officially started work yesterday and promised a new head coach would be appointed in the “coming days”.
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It’s understood the appointment is unlikely to be announced today.
But with recruitment chief Nils Koppen departing to be replaced by Dan Purdy – who worked with Thelwell at Everton – it’s clear Gers are stepping up their overhaul.
Now Martin, 39, who had a loan spell at Ibrox seven years ago, has emerged from the pack of candidates.
He led Southampton into the Premier League with a play-off win over Leeds United at Wembley a year ago.
But the Saints plunged straight back down after failing to recover from the horror start of one win in 16 games which cost Martin his job.
Robert Grieve & Bill Leckie have the very latest on the Rangers manager situation as Steven Gerrard & Russell Martin emerge as front-runners