Jamie Murphy could be out of action for some time for Rangers (Image: GETTY)
Rangers have eight days to sign a replacement for Murphy, who could be out for a considerable period after a scan confirmed he damaged an anterior cruciate ligament when he appeared to jar his leg in the 3-1 win away to Kilmarnock last Sunday.
The 28-year-old, who only joined from Brighton earlier in the summer in a £1million deal, had made a promising start to his Gers career.
Gerrard will now need a new winger and has conceded that Murphy’s injury is disastrous for the club.
“We're devastated for Jamie,” said the Ibrox boss.
“I’m bitterly disappointed as the manager of this club because we lose a top player now for the rest of the season.
“He knows the league, he knows the club, he is very well liked in the dressing room.
“He is here for the long term. He is a big player for us.
“What Jamie has to do now and what we have to help him do is make sure he does everything in his power to come back strong and doesn't have any setbacks.
Steven Gerrard admits Jamie Murphy is a 'big cog' in his side (Image: GETTY)
Rangers have re-signed Kyle Lafferty (Image: GETTY)
I have obviously got a board and a chairman who I might have to run my thinking by
Steven Gerrard
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“He has got an opportunity to work on his whole body and make sure he comes back really strong.
“We have had a big cog, a big piece of the jigsaw, taken away from us.
“We are still coming to terms with it. I know Jamie is as well. I am not going to try and play it down.”
Gerrard has revealed he will now speak to the board about getting a replacement for Murphy.
He added: “I am lucky really because we have got a big squad and we have got options in that area.