Premier League strugglers Crystal Palace have reportedly decided to part company with manager Ian Holloway.
The club are expected to confirm the news at a press conference, which has been confirmed for 5.30pm today.
Although the Eagles have remained tight-lipped on the reasons behind the press conference in Central London, they have reached an agreement with the 50-year-old to end his tenure at Selhurst Park, according to ITV Sport.
Having taken charge of the team in November 2012, Holloway went on to guide them to promotion to the Premier League via the Championship playoffs last season.
They have failed to pick up regular points so far this term, though, and sit 19th in the Premier League.