Tim Sherwood leading contender to replace Tony Pulis as Crystal Palace manager

Former Spurs emerging as leading contender for vacant manager job

Pulis walked away from Selhurst Park on Thursday night

Sherwood is out of work after his sacking at White Hart Lane in summer 

Tim Sherwood is emerging as a leading contender to replace Tony Pulis as Crystal Palace manager.

The former Tottenham manager is out of work after his sacking at White Hart Lane earlier this summer and Eagles chairman Steve Parish wants to hold talks with him about the prospect of taking over at Selhurst Park. 

The act of appointing Sherwood is still a long way from fruition, with Parish keen to consider other candidates.

Pulis walked away from Palace last night following emergency talks with Parish about their differences over the club's transfer strategy.

Pulis, who remarkably kept Palace in the Barclays Premier League last season after taking over in November when they had only four points, is believed to be devastated by the collapse of what he felt was a long-term plan to establish the club in the top flight.

The Premier League Manager of the Year wanted to be backed heavily in the transfer window, but Parish adopted a cautious approach because of the finance involved.

Pulis believed he had put together deals for Steven Caulker, Michu and Gylfi Sigurdsson but these did not materialise.

Palace went into administration twice because of a catastrophic transfer policy under former chairman Mark Goldberg and, more recently, Simon Jordan. Parish, who is one of four Palace fans with a 25 per cent share in the club, didn’t want to overstretch the budget.