Crystal Palace are on the verge of appointing former Wolverhampton Wanderers manager Nuno Espirito Santo, according to The Telegraph's John Percy.

The Lowdown: Palace managerial search nears an end

Following the departure of boyhood Eagles fan Roy Hodgson [Independent], the Eagles have been searching for a manager to reshape the squad ahead of 2021/22.

After prominent links to former Chelsea boss Frank Lampard, alongside Swansea City head coach Steve Cooper, Palace have turned their attention firmly towards Nuno as the favoured candidate for the role and look set to appoint the Portuguese native [The Telegraph].

The Latest: Deal could be completed this week

Having also been in talks with Everton in recent weeks, the 47-year-old now finally looks set to put pen to paper in South-East London shortly.

Talks are said to be progressing nicely over a deal, with an official announcement being mooted for later this week.

The reliable Percy, backing up his report on Twitter, said: "Nuno Espirito Santo is in advanced talks with CPFC and an appointment is close. Emerging as Palace's No. 1 target."

The Verdict: Nuno the correct fit at Selhurst Park

Espirito Santo would be seen as a coup for the Selhurst Park faithful, having achieved an impressive 187 wins within his managerial career [Transfermarkt], boasting 1.68 points-per-match while at Wolves.

He took the Wanderers to a Sky Bet Championship title, consecutive 7th place Premier League finishes and a UEFA Europa League quarter-final during his time at Molineux [Sky Sports], so his arrival would surely be well received by everyone connected with Crystal Palace.

Needing to start a rebuilding process imminently, having someone with experience in the top flight may have been near the top of the Eagles' agenda.

Should the São Tomé born boss use his links with super agent Jorge Mendes to lead a successful rebuild, the Crystal Palace support will have some exciting times on the horizon.

 In other news, Crystal Palace have released a former £9 million striker