QPR have appointed Mark Hughes as their new manager following the sacking of Neil Warnock on Sunday.
Former Wales, Blackburn, Manchester City and Fulham boss Hughes is charged with steering the club away from the relegation zone, with the Rs currently 17th in the Premier League table having taken just two points from their last eight games.
Hughes, 48, said: "It's a great feeling to be back in football and to be the Manager of QPR. I'm fully aware of the challenge in the short and long term and I am genuinely excited about the ambition of the owners.
"Nobody can doubt the history of this great Football Club and the passion of its fantastically loyal supporters. Now the immediate priority is to consolidate our place in the Barclays Premier League, but beyond that, the future is very bright and fills me with great enthusiasm."
QPR chairman Tony Fernandes was delighted to secure the services of the former Manchester United and Barcelona striker, who immediately emerged as the favourite for the post when Warnock was relieved of his duties on Sunday.
"Mark has a proven track record in the Premier League, bringing a wealth of experience at both club and international level," Fernandes said. "He has a great passion to achieve as a manager and has already been hugely successful in his career. His ambitions match those of the board and we are delighted to have him at the helm."
QPR vice chairman Amit Bhatia added: "Mark has a great managerial pedigree and has proven over the years to be a very astute manager. I am looking forward to working with him to bring success to the club."
Hughes has been out of work since his surprise departure from Fulham at the end of last season, a decision he claimed was down to the club's lack of ambition. He takes over a QPR side bankrolled by Malaysian entrepreneur Fernandes and it is expected that there will be further investment during the January transfer window.
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