Bad news for us I think</p> From the BBC...</p> <table cellspacing="0" cellpadding="0" width="629" border="0"><tbody><tr><td colspan="3"><div class="mxb"><div class="sh">Gregory appointed as new QPR boss </div></div></td></tr><tr><td valign="top" width="416"><font size="2"><table cellspacing="0" cellpadding="0" width="203" align="right" border="0"><tbody><tr><td><div> <div class="cap">Gregory makes his return after three-and-a-half years</div></div></td></tr></tbody></table>QPR have unveiled John Gregory as their new manager, with former boss Gary Waddock becoming first-team coach. Former Aston Villa boss Gregory, 51, returns to management three-and-a-half years after leaving Derby. </p> Waddock replaced sacked Ian Holloway at the helm in February before getting the position full-time in the summer but has struggled since then. </p> Gregory, joining with QPR bottom of the Championship, said: "I'm back in the hot-seat and it's a huge challenge." </p> QPR have won just one league game this season and were knocked out of the Carling Cup by Port Vale on Tuesday evening. </p> <table cellspacing="0" cellpadding="0" width="208" align="right" border="0"><tbody><tr><td width="5"></td><td class="sibStdQuote"><div><div class="mva"><div id="q1"></div>This is a job I can very much get my teeth into and I'm relishing the challenge <div id="q2"></div><br clear="all" /></div></div><div class="mva"><div class="mva">John Gregory</div></div></td></tr></tbody></table>But Gregory, a close friend of Rangers chairman Gianni Paladini and a former player at the club in the 1980s, is looking forward to a daunting task. </p> "QPR are very close to my heart and it's a fantastic opportunity for me," said Gregory, who reached the FA Cup final with QPR as a player in 1982. </p> "This is a job I can very much get my teeth into and I'm relishing the challenge that lies ahead. </p> "Winning matches is what matters most in the business and we aim to do that, starting Saturday.'' </p> He also told BBC Sport: "It's a club I was associated with for four-and-a-half years of my playing career - probably the most successful of my football career. </p> <table cellspacing="0" cellpadding="0" width="208" align="right" border="0"><tbody><tr><td width="5"></td><td class="sibtbg"><div class="miiib"><div class="arr"><a class="" href="http://www.bbc.co.uk/dna/606/A14489643">Have Your Say on 606 Is Gregory the right man for QPR?</a> </div></div></td></tr></tbody></table></p> "I won my England caps while playing for QPR - that kind of influenced to want to come here." </p> Paladini revealed his delight at Gregory's appointment, saying: "It's a fantastic scoop for the club. </p> "John is a proven manager at the highest level and is very eager to get back in to the managerial game. </p> "He's sat down with Gary and talked everything through and the situation is perfect as we look to climb the Championship table. </p> Waddock said: "It's the right decision for the club, I'm just thankful that Gianni thinks enough of me to keep me here as Assistant Manager. </p> <table cellspacing="0" cellpadding="0" width="208" align="right" border="0"><tbody><tr><td width="5"></td><td class="sibStdQuote"><div><div class="mva"><div id="q1"></div>I look forward to working with John, we both played together under Terry Venables and have the same work ethic <div id="q2"></div><br clear="all" /></div></div><div class="mva"><div class="mva">Gary Waddock</div></div></td></tr></tbody></table></p> "I look forward to working with John, we both played together under Terry Venables and have the same work ethic. </p> "I'll learn a lot from him and I'm sure that this appointment will benefit the club I love." </p> Gregory began his managerial career at Portsmouth and he also had a spell at Plymouth. </p> He took over at Wycombe Wanderers in October 1996, where he helped the team avoid relegation and remained in charge for two years. </p> The former England midfielder took over at Villa in the 1997/98 season and during the four years under Gregory's management Villa never finished outside the top eight in the Premiership. </p> He has also managed Derby and has been out of management since leaving the Rams in March 2003. </p> </p></font> <br clear="all" /></td></tr></tbody></table></p>