The former Forest Green Rovers boss has landed his latest managerial role, as he takes over at the Irish Premiership outfit, Glentoran.
The Irish side currently sit third in the Northern Irish Premier League, following a poor start to the season under previous boss Declan Devine.
Ferguson, most well known for his time at Everton, where he made 273 appearances, and scored 72-goals, stepped into the coaching world with the Toffees, taking the caretaker job on two occasions.
Most recently, the Scot has taken charge of Inverness Caledonian Thistle where he was sacked after the club entered administration.
His first step into management came with Gloucestershire side, Forest Green, where he lasted less than six-months at the helm.
He recorded 14 losses in 18 games, and oversaw Rovers’ relegation back to league two, before eventually leaving the club.
Rovers, now back in the National League, find themselves in 16th and managerless after Robbie Savage left for League one side, Peterborough United.
Rovers, who have made the playoffs in each of the last two seasons, under Steve Cotterill and Robbie Savage respectively, will be hoping to turn their early season fortunes around, although Dale Vince doesn’t believe Rovers, England’s only vegan club, need a new manager.
Vince, renowned owner and activist, told BBC Gloucestershire “nobody’s in the frame, nobody’s connected to the job. There is no vacancy.
“We are going to try something new, we’ll see where it goes.”
Well, they will need a quick turn around, or the Nailsworth side will be looking at relegation to the National League South for the first time in the club’s history.
