QPR are still looking for a new manager to replace Chris Ramsey, who was sacked over two weeks ago.
The R’s are reportedly hoping to have a new manager in place in the near future, and they are currently assessing all of their options.
QPR have held discussions with Powell over taking the job at Loftus Road, after the 46-year-old become available following his sacking from Huddersfield Town.
Powell has previously taken charge of Charlton Athletic in his managerial career, and QPR’s board are admirers of his talent
The QPR hierarchy have also considered appointing Milton Keynes Dons manager Karl Robinson.
Robinson was a name said to have been discussed by the R’s decision makers, although it seems unlikely that he will land the job.
QPR’s preferred choice is still said to be Jimmy Floyd Hasselbaink, but an approach is yet to have been made to his current employers Burton Albion.
QPR have Neil Warnock in temporary charge at present, with their next match coming against Leeds United at the weekend.