Alan Pardew is the new Crystal Palace manager after a £2million compensation settlement was thrashed out between the south London club and Newcastle United owner Mike Ashley.
Pardew had made clear to Ashley he wanted to go to Palace, where he was a former playing favourite, and the Toon chief has agreed to reach a compromise with Eagles counterpart Steve Parish rather than demand the full £5m he would be entitled to under the terms of Pardew's contract at St James' Park.
Newcastle dispute the compensation figure and claim the actual amount is much higher.Pardew ducked the post match press conference after Newcastle's dramatic 3-2 victory against Everton on Sunday and has agreed to move to Selhurst Park once the clubs reached a deal.
The 53-year-old boss has faced various campaigns calling for his resignation or dismissal by sections of Newcastle supporters throughout his turbulent reign at the club.
Ashley, who did not attend the victory over Everton on Sunday, has been plotting his next move from his holiday retreat.
The billionaire is wary of the upheaval when his manager quits the club and will also need to find a replacement prepared to work under his demanding ways.
Pardew is known to be frustrated after being told at a transfer meeting held around four weeks ago that there will not be any money to spend in January.
Instead there is the possibility that Moussa Sissoko will leave in January after Arsenal and Paris Saint-Germain declared an interest in the France midfielder.
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