Harry Redknapp has resigned as boss of QPR because of an upcoming knee operation. Coaches Les Ferdinand and Chris Ramsey will take temporary charge of the first team.
"I have had such a fantastic time at QPR," said the 67 year old.
"Sadly I need immediate surgery on my knee which is going to stop me from doing my job in the coming weeks. It means I won't be able to be out on the training pitch every day, and if I can't give 100% I feel it's better for someone else to take over the reins.
"My relationship with Tony Fernandes has been one of the highlights of my footballing career and I wish the club every success. I am confident they will survive in the Premier League this year."
Speaking on behalf of the QPR board, chairman Fernandes added: "I would like to take this opportunity to thank Harry for everything he has done for the club during his time in charge.
"We part on good terms and I would personally like to wish him all the best for the future."
