Steve McClaren is set to be named as the new Queens Park Rangers manager, according to Sky Sports News.

McClaren is expected to be appointed within the next 24 hours.

He is set to replace Ian Holloway in the dugout at Loftus Road after QPR parted ways with their manager following a 16th place finish.

Tony Fernandes is now set to unveil McClaren as QPR's next manager.

The experienced 57-year-old has been out of a manager's job since leaving Derby for the second time in March 2017.

In his career, he has won the League Cup with Middlesbrough and led the same side to the UEFA Cup final, which then earned him a job as England manager.

But after failing to qualify for Euro 2008, McClaren was sacked and he has since managed FC Twente in Netherlands, Wolfsburg in Germany, Nottingham Forest and Derby in the Championship and Newcastle United in the Premier League.

He was most recently working as a coaching consultant in Israel with Maccabi Tel Aviv but he left in December.

QPR are now finalising a deal for McClaren after discussions entered an advanced stage and he is expected to be confirmed as the new Hoops boss soon.

The Verdict

This is a risky deal because of the position that QPR are currently in.

One bad summer of transfer activity could see them battling relegation while a positive summer could see them launch a play-off surge.

McClaren has plenty of experience but has failed at his last few clubs, which means QPR's move is a risk.

QPR fans - Would you like McClaren at your new club? Let us know below...