The former England boss is now on the coaching staff at Loftus Road under Harry Redknapp, but has been heavily linked with a switch to the North East to take charge of the Magpies.
Pardew left Newcastle last week to take control of Crystal Palace after a difficult spell on Tyneside, and the ‘Toon’ are yet to find a suitable man to step into the dugout.
The likes of Hull’s Steve Bruce and Bournemouth’s impressive gaffer Eddie Howe have already removed their names from the speculation, as the club’s rumoured short list dwindles.
And now Hoddle has officially taken himself out of the hat, telling Zapsportz.com that he is perfectly happy at QPR:
“There has been a lot of speculation.” He said. “The media have been chasing me for a reaction to being heavily linked to the vacant Newcastle job. All I am prepared to say is that I’m really enjoying the challenge of trying to keep QPR up this season.
“Harry gave me the chance to tip my toe back into coaching water,” he said, “and I’m up for the challenge. I’ve enjoyed working with Harry and the team – and I’ve enjoyed working with Harry and the staff.
“I’m looking forward to the second half of the season and the challenges that will bring in our attempt to stay up.”