Rangers have made as many as four new signing during the January transfer window and many believe that players like Steven Davis and Jermain Defoe will help Gerrard win the Premiership.
Jermain Defoe is being touted as the marquee signing for the Gers and great things are expected from the 36-year-old.
Even Celtic legend Sir Kenny Dalglish has praised the striker and also Gerrard for signing him up.
“To have captured Jermain Defoe on loan from Bournemouth is brilliant business,” Dalglish wrote for the Sunday Post.
“He may well want one or two more. But Steven isn’t under pressure to sell and that has to be a positive for him.
“Jermain may well be 36 and have had a number of clubs during his career, but I’m certain there will still be a hunger and burning desire within him to bring silverware to Ibrox.
“He will score plenty of goals.
“Make no mistake, Rangers being able to attract the former England striker will have had plenty to do with Steven.”
But Sir Kenny feels that despite Rangers bringing in Defoe, Celtic FC are still the favourites to pick up the Premiership title at the end of the season.
“In terms of the report card for his first six months at Rangers, he has made his mark,” the Celtic legend added.
“During his break over the past few days, if he took a moment or two to reflect, then I hope he was happy with his work. He should be. He deserves great credit.
“However, he does face a formidable opponent in Celtic.
“They have been the champions for the past seven years and they have a squad of players and a manager used to winning things.
“Losing to Rangers last Saturday was a setback, but they remain top of the league, level on points, with a game in hand.
“They have also won the League Cup and are in the last 32 of the Europa League.
“So, what’s not to like?
“Panic? No, not for me.”
Read: After Davis and Defoe yet another midfielder could join Rangers during the January transfer window.