Clement, who has worked as Carlo Ancelotti’s number two at Chelsea, Paris Saint-Germain and now the Champions League holders, had been touted as one of the leading candidates to take over at Loftus Road following Harry Redknapp’s resignation earlier this week, having also been linked to the Newcastle United job.
The Real assistant, whose father Dave Clement featured in 472 league games for QPR between 1965 and 1979, was one of the names on a three-man shortlist the club had drawn up in the wake of Redknapp’s departure, but has since insisted that the time is not right for him to move.
I’m very flattered to be linked with Queens Park Rangers, a club I supported as a young boy and for whom my Dad played,” he said.
“It would be a real honour to manage that club at some point in the future. But, at this time, I’ve got no intention of leaving Real Madrid in mid-season.”
Derby County head coach Steve McClaren has also been mooted as one of QPR’s potential targets, but the former England boss has stressed that he would not be interested in the role.
“I answered that a few weeks ago, and it is the same answer now,” he told the Derby Telegraph, pointing to his reaction to being linked to the Newcastle post.
“Nothing changes. We laugh it off and move on quick, so let’s focus and concentrate on the job in hand which is trying to get Derby County into the Premier League.”
With Clement and McClaren out then, that would appear to leave the list’s final name, Tim Sherwood, as the front-runner.
The former Tottenham Hotspur manager worked with director of football Les Ferdinand and coaches Chris Ramsey and Kevin Bond during his time at White Hart Lane, but has already turned down approaches from Crystal Palace, West Bromwich Albion, Reading and Brighton & Hove Albion this season, according to the Daily Mail.