Crystal Palace has parted company with manager Alan Pardew.

The club released a statement this afternoon saying they had 'asked Pardew to step down'.

Chairman Steve Parish thanked Pardew for his service, highlighting last season's FA cup run as a particular success.

He said: "I would like to put on record our sincere gratitude for the tremendous service Alan has given us, both in his time here as Manager and previously as a player.  

"Following a fantastic second half of 2014/15, the 2015/16 season culminated in only narrowly missing out on winning the FA cup as well as securing our Premier League place for a record breaking fourth time.

"During his tenure Alan’s hard work and dedication were without question, he has improved so many areas of the Club and we wish him the very best for the future."

In statement, Mr Pardew said: "Would just like to take the opportunity to thank everybody at Crystal Palace for their fantastic support.

"In particular a big thanks to the players who gave me absolutely everything and Steve Parish and his Board.

"Personally I have a lot of good feelings for this football Club and am sad that my time there has ended.

"I feel that I have a special bond with the club and hope that hasn't been affected, I wish everybody associated with the Club the best of luck in the future including of course the fans who have been magnificent."