Former Premier League boss Lawrie Sanchez claims that Crystal Palace may struggle to recruit a new manager because of their unwillingness to pay big compensation fees.

Roy Hodgson left the club at the end of the season, and they have yet to appoint his replacement.

There have been links with various managers, but talks with Nuno Espirito Santo, the former Wolves boss, broke down last week.

That has left the club chasing alternatives, amid links with Sean Dyche at Burnley, Swansea City’s Steve Cooper and Fulham’s Scott Parker. There is also talk of Frank Lampard potentially joining the club.

But Sanchez believes that owner Steve Parish will already be pining for Hodgson, having seen the managerial hunt drag on and on throughout the last few weeks.

Speaking exclusively to The Transfer Tavern, he said: “I don’t see Scott (Parker) at Palace but you never know. They seem reluctant to pay escape fees for Sean Dyche and for the lad at Swansea, Steve Cooper.

“They’ve got a free transfer of Nuno but then found out he’s quite expensive as well."

Hodgson spent a total of four years at Selhurst Park, repeatedly guiding Palace to safety with little problem, just as he did in 2020/21, as they finished 14th.