Watford have appointed former England boss Roy Hodgson as their new manager on a deal until the end of the season.
Hodgson arrived at Vicarage Road just 24 hours after Ranieri was sacked on Monday following Watford’s slump into the Premier League relegation zone last weekend.
“Watford FC is delighted to confirm the appointment of Roy Hodgson as the club’s manager,” a statement said.
“The ex-England national team boss is joined by his trusted assistant Ray Lewington, who managed the Hornets so admirably from 2002 until 2005.”
Hodgson left Crystal Palace at the end of last season, with many believing his exit would mark the end of a distinguished coaching career.
Instead, the 74-year-old will take charge of a sixth different Premier League club, with the task of ensuring Watford do not make an immediate return to the Championship.
“Best known for leading the Three Lions during a four-year spell which took in Euro 2012, World Cup 2014 and Euro 2016, Hodgson has also managed extensively at club level in England and across the world,” Watford’s statement added.
“Most notably in this country, he led Fulham to their highest ever Premier League finish and Europa League qualification, where the Cottagers knocked out the likes of Juventus, Wolfsburg and Hamburg on their way to the final, eventually losing to Atletico Madrid.”
Hodgson replaces Claudio Ranieri, who was sacked on Monday after three-and-a-half months in charge, with Watford 19th in the table, two points from safety.
The Englishman has been out of work since leaving Crystal Palace at the end of last season.
All parties will assess Hodgson’s future at Watford at the end of the current campaign.
Hodgson’s first match in charge of Watford will be a crucial away clash against bottom-of-the-table Burnley on February 5.
At 74 years old, he is the oldest-ever manager in the Premier League, while the job at Watford is the 17th different club he has managed in a 46-year managerial career.