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The former Liverpool captain is back in the Premier League now as a manager. He had a wonderful career in Liverpool and was the one that fuelled the historical comeback in Istanbul 2005 Champions League Final, when Liverpool were down by three goals at half time, fought back to level up and won via penalty shootout.
After coaching Liverpool U18, he bagged a four year contract with Rangers to start his coaching career. He did wonderfully well in Rangers, breaking Celtic dormancy of nine years. He won the Scottish League with Rangers.
Gerard used to earn 2.5 million pounds per year
He has been appointed as the new manager of Aston Villa after the sack of Dean Smith and will take over immediately. While at Ranger, Gerrard earned a sum of £2.5 million yearly as Rangers manager according to the Scottish Sun.
Gerrard managed 193 games in charge of Rangers, of which he won 125, drew 42 and lost 26. He has a win percentage of 64.77 and has won just a trophy. The league title he won last season amidst several individual awards which includes the manager of the year.
Despite Covid 19 effect on football finances, English teams are more financially stable and have a lot to spend, and Aston Villa had a big cashout on Jack Grealish this season, selling the star for £100 million. His new deal with Aston Villa will see him earn double of what he takes home at Rangers. He will earn £5 million yearly.
Aston Villa paid Rangers compensation of around £4 million for Gerrard.
What Gerard said when he arrived at Villa
“Aston Villa is a club with a rich history and tradition in English football and I am immensely proud to become its new head coach”.
“In my conversations with Nassef, Wes and the rest of the board, it was apparent how ambitious their plans are for the club and I am looking forward to helping them achieve their aims.”
Gerard has been flattered by the work he has done previously and now with Aston Villa
Former Villa defender Richard Dunne believes that, despite his relative inexperience, Gerrard has been a good appointment by the club.
Dunne told Sky Sports News: "I think it's very exciting. He's a young manager and not been in the game very long but what he's done at Rangers has been exceptional.
"The way that he holds himself in terms of his professionalism has been brilliant and he's led that club really well since being there. He's won the league and has that experience of European football so I think for Villa fans it would be an exciting appointment."
Emile Heskey, who himself spent three years at Villa as a player, also believes Gerrard would be a successful appointment.
"He's done U18s and now done first-team football, and not just done it but done a fantastic job. Not just a fantastic job domestically but also in Europe," Heskey told Sky Sports News.
"This is a key thing. He's earned his stripes. You can understand why clubs have looked at him and the leadership he brings for players on the pitch and around the club.
"I totally get it, he's a fantastic coach and his teams are going out there and winning games."
In addition to coaching Aston Villa Gerard has other business ventures
Outside of soccer, he has made a number of investments through his business Steven Gerrard Promotions.
In 2021, the Daily Record reported that Gerrard's company was valued at more than £7 million ($9 million).
Among his business interests is Angel Revive, a bottled water business marketed as, "Natural alkaline water brimming with electrolytes and minerals, just as nature intended."
Gerrard also owns a range of clothing called SSG Apparel, which is designed in Liverpool and promoted with the slogan "Inspired by Steven Gerrard".
According to its official website, the garments designed by SSG Apparel are inspired by "the refined look of Ladin culture, synonymous with Liverpool menswear," while incorporating "some nods to the city's history, with all product style names based on the names of the streets and areas where Steven grew up."
Gerrard has published several autobiographies, the first of which was the book Gerrard: My Autobiography. Steven Gerrard: My Liverpool Story followed in 2012, while his latest autobiographical account is the 2015 title, My Story.
Like many footballers, Gerrard has also invested in property, owning several homes.