Cape Town - Tim Sherwood has reportedly dropped out of the running to replace Harry Redknapp as manager of QPR.
The Independent report that the former Spurs caretaker manager will not be appointed as manager of QPR.
Sherwood, the bookmakers leading candidate for the job, was unable to reach agreement with the QPR chairman Tony Fernandes regarding the assurances over the club’s future.
Fernandes then took to Twitter to confirm that he was ready to hire his “dream manager”.
“Think I have got my dream manager. Not what anyone thinks. Take a while. Still a bit to go but I'm very happy. Press all wrong.” Fernandes tweeted.
British press speculate that the leading trio of contenders for the role are Real Madrid assistant Paul Clement, former Swansea City manager Michael Laudrup or Brentford’s Mark Warburton.
On Tuesday, QPR moved out of the Premier League relegation zone and dragged Sunderland into trouble with a 2-0 win at the Stadium of Light on Tuesday, their first away win of the season with caretaker coach Chris Ramsey in charge.