Journalist Alan Nixon has indicated on Twitter that Crystal Palace have settled on Lucien Favre as their preferred choice as new manager following a telling five-word update.

The Lowdown: Crystal Palace face daunting 2021/22 rebuild

As Crystal Palace move towards 2021/22, they face an enormous rebuilding task as they look to improve upon last season.

Aside from seeking a new manager after boyhood Eagles fan Roy Hodgson departed last month, there is also the small matter of handling an enormous player turnover, following the release of 22 first-team players earlier this month as Palace announced their retained list [The Sun].

However, there does appear to be some light at the end of the tunnel following latest developments.

The Latest: Favre is Palace's preferred candidate

Nixon indicated on Twitter that former Borussia Dortmund manager Favre is the prime candidate for the Selhurst Park hot seat, stating “He’s the one they want” in reply to a query on the social media platform and adding that the key factor now is whether he wants the job.

The 63-year-old has also been linked with roles at Fenerbahçe and Celtic in recent times, but both moves failed to materialise, and south London now appears to be his most likely destination.

The Verdict: Favre would be a massive coup for Palace

This update will surely come as a timely boost to the Crystal Palace support. In need of a manager before pre-season, Favre certainly retains the attributes to rejuvenate a severely fragmented Palace squad.

In three years at Signal Iduna Park, the Swiss coach averaged an impressive 2.01 points per game over a 110-match span at Borussia Dortmund [Transfermarkt]. He has also managed the likes of Nice, Borussia Monchengladbach, Hertha Berlin and FC Zürich during his 25 years as a manager [Transfermarkt].

Favre has won five trophies across his career in management - two Swiss Championships, two Swiss Cups and the German Super Cup [Transfermarkt].

Given his impressive CV, he would be a major coup for the Selhurst Park club, who would look to maximise output from key assets. It is encouraging to hear from Nixon that the Eagles hierarchy have pinpointed him as their preferred candidate to succeed Hodgson.

In other news, many Crystal Palace fans react to an official club update.