Palace are in administration and Warnock's future has been far from certain for a number of weeks, but according to Sky Sports News it now appears he is set to move.
Mick Harford is currently in charge at Loftus Road after being named as their fourth manager in a turbulent season.
Both 20th-placed QPR and Palace, who sit in 21st position, are battling relegation after the latter was hit with a 10-point deduction for going into administration.
Coca Cola Championship. Click here to bet.
Source: Team Talk
Source: Team Talk