in june 2014, ferguson was appointed player-manager of scottish league two club clyde. clyde were drawn away to rangers in the challenge cup after a 2–0 home win against ayr united; rangers won 8–1. on 27 september, ferguson made his playing debut against annan athletic in a 1–1 draw at broadwood, but came off early in the second half with an injury. towards the end of the 2–0 defeat to lowland league club spartans in the second round of the scottish cup, ferguson was sent to the stands after a verbal altercation with clyde supporters. in april 2015, ferguson said that he had retired as a player.