The 34-year-old England captain had previously said that he would make a decision about his future after this summer’s tournament in Brazil.
But after Thursday’s 2-1 defeat by Uruguay left the Three Lions’ hopes of reaching the last 16 hanging by a thread, Collymore feels that Gerrard needs to weigh up his options ahead of the new Premier League season.
“Steven Gerrard has been a wonderful servant to Liverpool football club and for England,” Collymore told talkSPORT.
“We remember the Germany performance, the 5-1, and he has drove our midfield ever since he came into the side at the 2000 European Championship.
“But, for me now, I think he needs to look at himself and say perhaps he wants to extend his club career and retire from the England national scene.”
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