Gerrard has been at the Merseyside club his entire career but has called time on his Liverpool playing days as he will be heading across the pond to play for MLS side LA Galaxy next season.
Gerrard missed his side's Europa League clash Besiktas through injury and instead served as a pundit for ITV at Anfield. When asked before the game about his future ambitions, Gerrard gave the answer all Liverpool fans wanted to hear.
He told ITV: “I still see myself as a player, and I know how tough it is to be a manager."
"Who knows? It is obviously a big dream of mine, but you have to be good enough first and foremost.
"It's not just about saying you want to be a manager or you are going to be a manager.”
Gerrard realises that he can’t just expect to walk into the dugout at Anfield when he retires and take over, but it doesn’t stop him planning for life after his playing come to an end.
Although he has more than proven himself as a player at Anfield, he can’t just be the manager because he is Steven Gerrard.
The Reds skipper added: “If you want to be a manager, you have to go out and prove yourself.
"It's a long way away, I've still got a few years left to play and that is my main focus at the moment.”
In the encounter with Besiktas Gerrard saw his vice-captain have to deal with a difficult situation late on in the close game when the Reds were awarded a penalty after Jordon Ibe was bundled to the floor.
Stand-in skipper Jordan Henderson picked up the ball to take the penalty but late substitute Mario Balotelli took it off him. Daniel Sturridge got involved trying to get Henderson to take control but Balotelli was having none of it - he was taking the penalty and that was that.
The Italian stepped up; staggered his run and calmly finished the spot-kick to win it for Liverpool. However, Gerrard wasn’t too impressed with what he saw from up above in the studio.
He said: “Mario’s been a bit mischievous and gone against team codes. If he missed it could’ve been like Everton. Rules are rules and they should’ve been adhered to,
“Jordan is the captain and Mario showed Jordan a bit of disrespect there, but he’s scored a very important goal.”
All’s well that ends well though as Liverpool go to the Ataturk Stadium next week, the site of their historic Champions League final comeback in 2005 against AC Milan, for the second leg with a one-goal cushion.
Should Steven Gerrard become the manager of Liverpool one day?