QPR are bottom of the table with only four points from 12 games and Hughes paid for the west London club's poor start with the sack yesterday morning.
"QPR couldn't get the results they needed. You couldn't have too many worse starts but I'm ready to give it a go and see if I can change their fortunes around. If I can keep them up I'll be the happiest man around.
"There are some good players there but I've got to find a way of picking a team that can win some games."