Ian Holloway and Crystal Palace set to part company today after one Premier League win in eight games

Holloway was only given eight games at Palace after winning promotion. Photo: PA

Crystal Palace will part company with Ian Holloway today after just one victory in his opening eight Premier League games, ITV Football understands.

The club have called a press conference for 5:30pm this evening.

The final straw for Ollie was Monday night's humiliating 4-1 defeat at home to Fulham, when Palace started the match brightly and took a deserved early lead.

Holloway was appointed at Selhurst Park on November 3rd 2012, less than one year ago, and guided them to promotion against all the odds, via the Championship play-offs.

Given the circumstances and his extremely tight budget, many will feel Holloway has not been given a fair chance to turn things around at the club.

Chairman Steve Parish described Holloway as "categorically the right man" to lead Crystal Palace before their defeat to Fulham

More to follow.