Neil Warnock will become Queens Park Rangers' fourth manager of the season tomorrow after the Championship club agreed compensation terms with divisional rivals Crystal Palace.
The 61-year-old manager's switch was announced on QPR's website last night but it is understood the contract is yet to be signed.
Warnock will leave Selhurst Park reluctantly, but feels the chance to take over at Loftus Road is too good to miss under the circumstances. Those are that Palace are in administration with no certainty that a new owner would want him and the possibility he could be made redundant. While he feels a loyalty to the supporters, his close friend, the chairman Simon Jordan, who brought Warnock south, is no longer in charge – an administrator is. With no buyer in sight and the club already in a relegation battle, the future could be bleak.
In contrast QPR are offering a three-and-a-half year deal with the promise of significant funds to spend on transfers. Warnock is keen to have another crack at the Premier League after his controversial relegation, following the Carlos Tevez affair, with Sheffield United three years ago. Warnock would become Rangers' seventh manager in less than three years.