Last Updated: Wed, 03 Jun 2009 17:32
Jim Magilton says the QPR squad does not need rebuilding and he will only target one or two players after being named manager.
Magilton, who was sacked by Ipswich last season after failing to get them in the play-offs, has been handed a two-year deal at Loftus Road and is up for the challenge of getting the club back in the Premiership.
"I'm really looking forward to the challenge of managing this great football club," Magilton revealed. "The board are highly ambitious, but they are very realistic at the same time.
"I have huge ambitions to achieve as a manager though, and our aim is to keep progressing, year after year."
Magilton will be handed significant funds to strengthen his squad in the summer but believes the current crop are a talented bunch and only one or two new signings will be needed.
"There is a very strong group here and with one or two additions we can expect to be in a position to drastically improve upon last season," he added.