Harry Redknapp has resigned from his position as QPR manager.

The 67-year-old has taken the decision to step down as he prepares to undergo knee replacement surgery.

Redknapp, who joined the club in November 2012, informed chairman Tony Fernandes of his decision to resign this morning and the R’s board accepted his resignation.

He told the club’s official website: “I have had such a fantastic time at QPR. 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.

Speculation: Reports claimed Redknapp would be sacked after the Man United defeat

“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.”

Rangers chairman came out publicly in support of the manager last month following reports he could be sacked after defeat to Manchester United.

Fernandes added: “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.”

Les Ferdinand and Chris Ramsey have been placed in temporary charge.

Redknapp leaves QPR with the club confined to the relegation zone. His last game was a 3-1 defeat at Stoke on Saturday.

Tim Sherwood has been tipped to take over at QPR.