Neil Warnock was manager at Loftus Road between 2010 and 2012 and he was named as boss on a caretaker basis following the departure of Chris Ramsey last week. He was immediately installed as favourite to be offered the job on a permanent basis by the bookmakers with BetVictor making him favourite at 6/4.
Warnock's first match in charge was a Championship fixture with Preston North End at the weekend and following the resultant 0-0 draw, the former Leeds United and Crystal Palace boss made clear his desire to manage QPR a second time.
“I'm going to enjoy it for however long I've got it - it's better than being sat at home or fishing,” Warnock said. “Just being around the fans and the club again is fantastic. When I was asked to do it I had no hesitation.
“I don't know whether it's going to be one game, two games or whatever, but I'm going to enjoy it and if I can I'm going to try to help them pick. I hope they ask me. They surely will ask my opinion. I think you need someone who knows the Championship. It's the toughest league in Europe.”
Nevertheless, the bookies now believe that failure to get a decent result at the weekend as well as the failure of Rangers to score may have harmed his chances of being offered a permanent managerial position and Warnock is now 6/1 with Sky Bet to be the next QPR manager.
Former Leicester manager Nigel Pearson has now been installed as the clear favourite to be next in charge at Loftus Road. Pearson was dismissed from his position as Foxes boss during the summer despite steering the side to Premier League safety following a period in which a return to the Championship seemed very much the order of the day. Indeed, he is very much a man in serious demand as he also leads the betting to be next Fulham manager and Ladbrokes go 4/6 that Pearson is installed as QPR manager.
Ex Villa boss Tim Sherwood's up for grabs at 5/1 to be next in charge at Rangers following his sacking by the West Midlands side, while Jimmy Floyd Hasselbaink is as low as 9/2 to leave his current position as Burton Albion manager and take up residence in West London.
Former Rangers and Scotland boss Alex Macleish is next in the betting at 8/1 with Blackburn Rovers' favourite Paul Lambert available at the same odds with Ladbrokes. The same firm go 10/1 that former Everton and Manchester United boss David Moyes takes control of the QPR reins following his dismissal from La Liga side Real Sociedad.