Alan Pardew was appointed
on a three-and-a-half-year deal in January 2015 but the 55-year-old has been
dismissed after a run of one victory in 11 games.
Palace have
taken just 26 points from the 36 Premier League matches they have played in
2016 and are only one point above the relegation zone.
Former England
Chairman
Steve Parish told BBC Sport: "We all bought into the decision to play a
more expansive style of football. We all believed in it. That hasn't worked.
It's no-one's fault. The players have been running their socks off for Alan,
the spirit is good.
"But
now we're going to wind the dial back the other way.
"We're
talking to a number of people to make sure we get this right. Nothing has been
agreed."
In a
statement, Pardew said: "Personally I have a lot of good feelings for this
football club and am sad that my time there has ended.
"I
feel that I have a special bond with the club and hope that hasn't been
affected," added the manager, who made more than 100 appearances for
Palace as a player between 1987 and 1991 and led them to the FA Cup final last
season.
Parish, who
co-owns the club with American investors Josh Harris and David Blitzer, added:
"I'm not going to blame other people [the American co-owners]. Relegation
is so costly and I feel with no blame attached we got ourselves in a rut and
need a change."
Palace have
yet to confirm who will take charge of the team for their league fixture at Watford on Boxing Day.
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