Harry Redknapp has tendered his resignation as Queens Park Rangers manager, the club have announced.
Redknapp cited imminent knee surgery for his decision to resign from his post just one day after the close of the transfer window.
“I have had such a fantastic time at QPR,” he said. “I would like to thank the board, the players and all my staff, and especially the supporters who have been absolutely fantastic to me since I arrived at the club for their tremendous support.
“Sadly I need immediate surgery on my knee which is going to stop me from doing my job in the coming weeks. It means I won’t be able to be out on the training pitch every day, and if I can’t give 100 per cent I feel it’s better for someone else to take over the reins.
“My relationship with Tony Fernandes has been one of the highlights of my footballing career and I wish the club every success. I am confident they will survive in the Premier League this year.”
Redknapp was working hard on deadline day, trying to bring in targets like Matt Jarvis and Emmanuel Adebayor in an effort to drag Rangers out of the prolonged slump that has left them 19th in the Premier League with five wins from 23 games.
However, he has now vacated his position – with former Tottenham caretaker Tim Sherwood the odds-on favourite to replace him.
Les Ferdinand and Chris Ramsey – both of whom worked with Sherwood at Spurs last season – have been placed in temporary charge of the team.
Chairman Tony Fernandes told the club’s official website: “I would like to take this opportunity to thank Harry for everything he has done for QPR during his time in charge. We part on good terms and I would personally like to wish him all the best for the future.”
Redknapp was appointed QPR boss in November 2012 but could not prevent the club from being relegated as an expensively-assembled squad failed to gel.
He won immediate promotion last season but QPR have struggled again in the top flight, losing every single away game this season to set a new record.