Queens Park Rangers have announced Chris Ramsey will remain in charge until the end of the season.
The 52-year-old had taken temporary management of the Hoops after Harry Redknapp’s resignation in February.
Club chairman Tony Fernandes revealed he had landed his “dream” manager, with former Tottenham boss Tim Sherwood the overwhelming favourite to take over at Loftus Road.
But the club has decided to keep faith with Ramsey, who guided QPR to their first Premier League away win of the season against Sunderland on Tuesday.
Fernandes told the club's official website: “In the wake of Harry Redknapp’s resignation, it was my desire to identify the right individual for the job and at this time, we believe Chris is the ideal candidate.
“He has impressed everyone here in his short time in charge and I firmly believe he is the right man – working closely with Les – to lead us until the end of the season.
“Chris has an opportunity now to stamp his authority and class on the position. He is part of our long-term plans at QPR.”
He added: “A lot has been written and said about the position, including by myself, but the decision has been taken to defer the permanent appointment until the end of the season.
“We spoke to many individuals who were interested in the role, one of whom I was quoted on as being a dream, but none of them were right to take the club forward at this time for a variety of reasons, whereas we firmly believe Chris is.
“We are keen for the position to be a long-term appointment that will play a major role in shaping the future on-field progression of QPR. For that reason, it is vitally important that we get the right individual.
“As a Board of Directors, we are determined to make the right appointment in the best interests of the club.
“Premier League survival is our priority in the short term, but in the medium and long term we want to make sure everything is in place, from the Academy upwards, to create a lasting legacy and philosophy at QPR.”
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