Reportedly De Canio Instead of Guidolin?

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UPDATED: Channel 4 - De Canio set for QPR Thursday 25 October, 2007
Ex-Siena boss Gigi De Canio is set to be unveiled as the new manager of Queens Park Rangers.
New Super Hoops owner Flavio Briatore has been searching the peninsula for a tactician after the dismissal of John Gregory on October 1.
Former Palermo and Monaco man Francesco Guidolin had been offered the post, but he couldn’t agree personal terms for the move to London.
De Canio reportedly refused the Piacenza job last week and has been unemployed since leaving Siena in 2006.
The 50-year-old is expected to put pen to paper on Friday and watch the Shepherd’s Bush outfit’s trip to Charlton before taking his first training session next week.
Channel 4

As has been noted on various QPR Messageboards, from an Italian site. (A couple of days ago, De Canio's name was first reported.

English "Translation"
Gigi De Canio new technical QPR, missing only the announcement
Gigi De Canio is to be formalized as the new coach of Queens Park Rangers. Guidolin has preferred to surrender, and so, the day tomorrow, the London club will announce the advent of the former Udinese, Napoli, Atalanta, Reggina and Siena. Report

Gigi De Canio nuovo tecnico del QPR, manca solo l'annuncio
25.10.2007 20.47 di Alessio Calfapietra articolo letto 741 volte
Gigi De Canio sta per essere ufficializzato come nuovo allenatore del Queens Park Rangers. Guidolin ha preferito rinunciare all'offerta e così, nella giornata di domani, il club londinese renderà noto l'avvento dell'ex di Udinese, Napoli, Atalanta, Reggina e Siena. Report

See: QPR Report yesterday on De Canio or Guidolin: "Within Next 48 Hours"

In Italian, a Wikipedia Profile of De Canio