Crystal Palace boss Alan Pardew is in line for a new contract at Selhurst Park after holding initial talks with Steve Parish.
The Guardian claims Pardew is seen as a key part of the club’s development and they are keen to ward off other potential suitors by extending and improving his current £1.5m-a-year deal.
Pardew, who has been mentioned as a potential successor to England boss Roy Hodgson, has done a remarkable job since taking charge on January 2 this year. Palace were in 18th-place when the 54-year-old took over the reins from Neil Warnock but he managed to guide Palace to a 10th-place finish before helping his current squad into sixth spot.
Palace have won at Chelsea and Liverpool this term and are placed outside the Champions League qualification places only on goal difference with Pardew currently enjoying a hugely-impressive win percentage of 56%.
The former Newcastle manager penned a three-and-a-half year deal, which is ‘heavily incentivised’, while he has a current release clause of around £4million, according to the Guardian. But Palace are obviously aware that Pardew is getting admiring glances from elsewhere and are keen to tie him down to a long-term deal.