Philippe Clement and Kevin Muscat have emerged as the frontrunner to replace Michael Beale at Ibrox.
With the Scottish Premiership on hold for the international break Rangers are ramping up their hunt for the next Ibrox manager.
Asked whether he thinks he has what it takes to turn things around at Ibrox, Davies replied: "You've got to look at things very carefully and I've got no doubt that challenge would be a very exciting challenge. As I said before, I'd be delighted to help them until the end of the season if that's the case."
Pascal Jansen The AZ Alkmaar boss emerged as one of the early contenders for the vacant role, but it would be a shock to see him make a move to Ibrox after he ruled himself out of the running. Responding to query over the Ibrox hot seat, he said: "I don't know if there has been contact with AZ, but there has been no contact with me. I also received it and received some messages from England, but I don't know where it came from. It's completely out of the question.
Frank Lampard Frank Lampard won't be the next Ibrox manager having been cut from the shortlist. The Rangers board responded to the outcry from fans over the credentials of the former Chelsea and Everton boss.
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