Queens Park Rangers have confirmed that Harry Redknapp will remain as their manager next season despite the London club's relegation from English football's Premier League.
QPR's goalless draw at Reading on Monday saw both clubs demoted and speculation over 66-year-old Redknapp's future intensified when Hoops owner Tony Fernandes, a leading Malaysian businessman, said he would be holding talks with the former Portsmouth and Tottenham boss.
However, Fernandes confirmed later Monday that Redknapp would be remaining in his post at Loftus Road.
Redknapp, who was also relegated from the top-flight with Southampton in 2005, couldn't save QPR from the drop in 22 league games in charge this term, in which they won just 21 points, after replacing the sacked Mark Hughes.
Nevertheless, he said he was looking forward to the challenge of taking QPR back to the top flight at the first attempt.