Who should become the new manager of Queens Park Rangers?

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With Harry Redknapp sensationally stepping down as manager of Queens Park Rangers on Tuesday, who will the west London club turn to now to save their Premier League status?

[ RELATED: Redknapp quits R’s ]

Redknapp, 67, walked away from the R’s with 15 games to go in the PL season and has left them in the bottom three but the situation is retrievable for the newly-promoted side as they are just one point from safety.

So, who are the contenders to take charge?

For the visit of Southampton to Loftus Road this Saturday (Watch live, 10 a.m. ET online via Live Extra) Les Ferdiand and Chris Ramsey will be in temporary charge and Ferdinand (known as Sir Les by QPR fans) could be a contender to take over permanently.

He is currently the Head of Football Operations at Loftus Road and held a similar role at Tottenham Hotspur, but Ferdinand has no previous managerial experience. There are also plenty of other potential candidates already on the coaching staff as former England boss Glenn Hoddle, plus experienced assistant coaches Joe Jordan and Kevin Bond, could step in until the end of the seasoon. Hoddle’s resume is impressive with success at Southampton after being fired by England, but he then failed at his former club Tottenham Hotspur from 2001-03. He’s been out as a head coach since 2006 when Wolverhampron Wanderers fired him. Could he be QPR’s savior?

Another former Spurs boss is the red-hot favorite as Tim Sherwood is the bookies favorite to take charge of the of the R’s. Sherwood, 45, left Tottenham at the end of last season after guiding the club he captained to sixth-place in the PL before being replace by Mauricio Pochettino. He has been interviewed for both the Crystal Palace and West Bromwich Albion positions since but failed to secure either so far this season. Third time lucky for Tim? His presence is certainly inspiring and in an intense relegation battle he has the qualities needed to rally the fans and players together.

Can the former Blackburn Rovers captain, who won the PL title in the 1994-95 season, come in and save QPR’s Premier League status? Here’s a look at the top contenders for the job according to the bookmakers…

Odds on next permanent QPR manager

Tim Sherwood – 1/8
Glenn Hoddle – 7/1
Steve Clare – 12/1
Les Ferdinand – 14/1
Rafael Benitez – 20/1
Gianfranco Zola – 25/1