It's a nice club, a nice area and there are a lot of nice people."Portsmouth's chairman, Martin Gregory, who asked Venables to take on an advisory role to assist the Portsmouth manager, Terry Fenwick, last month, is the son of the former QPR chairman Jim Gregory - who appointed Venables as manager at Loftus Road in 1980.Venables' decision leaves the QPR owner, Chris Wright, still searching for the right man to try and take the London club back into the Premiership at the first time of asking.Wright said: "We have seen one or two people, but the current managerial merry-go-round has changed the picture. The former England coach, who took QPR to an FA Cup final in 1982 and the Second Division title the following season, said: "You won't be seeing me turn up at Loftus Road in the next couple of days. On Tuesday McLean left Raith to join Dundee United after only a week in charge in Kirkcaldy.. Queen's Park Rangers must continue their search for a new manager, after Terry Venables pledged his future to Ports- mouth to end speculation that he could make a dramatic return to Loftus Road.

Venables had been touted as a possible successor to Ray Wilkins, but admitted he is happy with his new post as director of football at Fratton Park. A Football League commission found that Wolves had agreed to sign Steve Corica and Kalac for a combined fee of pounds 1.75m, subject to obtaining work permits, but then only took Corica. The commission ordered Wolves to pay Leicester pounds 250,000 in damages for breach of contract.Another bizarre day on the Scottish managerial roundabout ended with Raith Rovers making Iain Munro their new manager in succession to Tommy McLean - the day after Munro had apparently agreed to become manager of St Mirren. Bolton want to take the Swede, Anders Limpar, on loan from Everton with a view to signing him to aid their campaign to return to the Premiership.Manchester City, similarly striving to go straight back up, have signed the centre-back Darren Wassall on a month's loan from Derby County.Leicester City have won a claim for damages against another of the promotion contenders, Wolves, over their withdrawal from the transfer of goalkeeper Zeljko Kalac.