Football: Venables on his way out at Palace

TERRY VENABLES was on the verge of parting company with Crystal Palace last night after talks with his chairman, Mark Goldberg. If Venables goes, Palace are expected to offer the manager's position to Steve Coppell, who has filled the job on two previous occasions and is currently the club's director of football.

The imminent break with Venables is believed to be a direct result of Palace's worsening financial situation, although Goldberg has also expressed his unhappiness with the team's performances. Palace have played poorly in recent weeks and are now languishing in the bottom half of the First Division.

Venables is expected to leave as soon as negotiations about a final severance payment are completed. The former England coach agreed a deal believed to be worth pounds 750,000 a year when he accepted Goldberg's offer last June, shortly after the Palace owner took control of the club. The pay-off may now be the subject of some acrimonious debate as money is in short supply at Palace.

The club said in a statement last night: "Mark Goldberg is having discussions with Terry Venables at the present time. These discussions are as amicable as they can be. The situation will be resolved mutually and an official statement on the matter will be made within the next 48 hours."

Venables believes he has not been given sufficient resources to rebuild the club and said on Sunday that he was surprised by the timing of last week's sale of Paul Warhurst to Bolton for pounds 800,000 (Warhurst played for Bolton against Palace in a 3-0 defeat for the London side on Sunday). He is also unhappy with the prospective sale of Matt Jansen, Palace's highly rated striker.

Jansen is likely to be sold within the next fortnight, for around pounds 5m, but it is understood that Newcastle, who had been favourites to secure his signature until now, may lose out to another Premiership side, possibly Aston Villa or Tottenham.

Countering complaints about a lack of transfer funds, Goldberg has pointed out that Venables has brought in 13 players in his brief reign. However, despite the pounds 1.3m purchase of two Chinamen, Fan Zhiyi and Sun Jihai, and the recruitment of Lee Bradbury (pounds 1.5m from Manchester City), and Craig Moore and Gordan Petric (pounds 800,000 and pounds 300,000 from Rangers), Palace's results have not improved.

When Venables goes, his assistant Terry Fenwick looks certain to follow him. Goldberg is then expected to offer Fenwick's job to John Cartwright, who returned to Palace last year to run the club's football academy. Cartwright managed Palace's highly successful youth team of the late 1970s, when, ironically, Venables was first-team manager and Fenwick played in Cartwright's side.

Coppell has managed Palace twice before. His first spell ended when he resigned following Palace's relegation from the Premiership in 1993. He returned briefly as technical director two years later and again when he replaced Dave Bassett following his departure for Nottingham Forest two years ago.

Coppell promptly led Palace to promotion, but was moved into his present role following a run of poor results in mid-season. Attilio Lombardo took over as caretaker player-manager but was unable to halt the slide towards relegation.

In the past Coppell has said that he regards himself as "a Palace man", but it remains to be seen whether he would step into the breach this time. He was unhappy with the way he was moved aside last year and may feel that he would have too much to lose if he became manager. Whoever takes charge could face the prospect of fighting a relegation battle and having to sell players.

Goldberg had difficulty raising the funds to complete his takeover of the club from Ron Noades last summer. Palace are understood to owe pounds 1m to Noades, who is also owed a further pounds 4.5m by Goldberg in loans - due to be repaid in June 2003 - arising from the deal. Goldberg and Noades yesterday agreed to to relax Palace's payment terms to help the club over their current financial difficulties.

Goldberg is also being sued by his solicitors, S J Berwin, for more than pounds 400,000 in costs arising from his purchase of the club.

Goldberg is also in talks with Jim McAvoy, who took over as Palace's chief executive last October in an effort to sort out the club's various business difficulties. McAvoy said: "I make no pretence about my disquiet regarding the decisions he is currently making at the club. I expect to make a more detailed statement within the next 48 hours."

Arts and Entertainment
'The Archers' has an audience of about five million
radioA growing number of listeners are voicing their discontent; so loudly that even the BBC's director-general seems worried
Arts and Entertainment
Henry VIII played by Damien Lewis
tvReview: Scheming queens-in-waiting, tangled lines of succession and men of lowly birth rising to power – sound familiar?
News
Sir David Attenborough
people
Life and Style
Young girl and bowl of cereal
food + drink
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
News
Comic miserablist Larry David in 'Curb Your Enthusiasm'
peopleDirector of new documentary Misery Loves Comedy reveals how he got them to open up
Sport
football
News
i100
Life and Style
Virtual reality headset: 'Essentially a cinema screen that you strap to your face'
techHow virtual reality is thrusting viewers into frontline of global events and putting film-goers at the heart of the action
Arts and Entertainment
Ready to open the Baftas, rockers Kasabian are also ‘great film fans’
musicExclusive: Rockers promise an explosive opening to the evening
Life and Style
David Bowie by Duffy
fashion
Arts and Entertainment
Hell, yeah: members of the 369th Infantry arrive back in New York
booksWorld War Z author Max Brooks honours WW1's Harlem Hellfighters in new graphic novel
News
advertisingVideo: The company that brought you the 'Bud' 'Weis' 'Er' frogs and 'Wasssssup' ads, has something up its sleeve for Sunday's big match
Arts and Entertainment
tv
News
i100
Environment
Dame Vivienne Westwood speaking at a fracking protest outside Parliament on Monday (AP)
environment
Caption competition
Caption competition
Latest stories from i100
Daily Quiz
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Career Services
iJobs Job Widget
iJobs General

Tradewind Recruitment: English Teacher

Negotiable: Tradewind Recruitment: This post arises as a result of the need to...

Tradewind Recruitment: Class Teacher Required ASAP In Uminster

£120 - £150 per annum: Tradewind Recruitment: I am recruiting on instruction o...

Ashdown Group: Head of Finance - Financial Director - London - £70,000

£70000 per annum: Ashdown Group: Head of Finance - Financial Controller - Fina...

Ashdown Group: Marketing Executive - Wimbledon, SW London

£24000 - £28000 per annum + benefits: Ashdown Group: Marketing Executive - Wim...

Day In a Page

Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee
World War Z author Max Brooks honours WW1's Harlem Hellfighters in new graphic novel

Max Brooks honours Harlem Hellfighters

The author talks about race, legacy and his Will Smith film option to Tim Walker
Why the league system no longer measures up

League system no longer measures up

Jon Coles, former head of standards at the Department of Education, used to be in charge of school performance rankings. He explains how he would reform the system
Valentine's Day cards: 5 best online card shops

Don't leave it to the petrol station: The best online card shops for Valentine's Day

Can't find a card you like on the high street? Try one of these sites for individual, personalised options, whatever your taste
Diego Costa: Devil in blue who upsets defences is a reminder of what Liverpool have lost

Devil in blue Costa is a reminder of what Liverpool have lost

The Reds are desperately missing Luis Suarez, says Ian Herbert
Ashley Giles: 'I'll watch England – but not as a fan'

Ashley Giles: 'I'll watch England – but not as a fan'

Former one-day coach says he will ‘observe’ their World Cup games – but ‘won’t be jumping up and down’
Greece elections: In times like these, the EU has far more dangerous adversaries than Syriza

Greece elections

In times like these, the EU has far more dangerous adversaries than Syriza, says Patrick Cockburn
Holocaust Memorial Day: Nazi victims remembered as spectre of prejudice reappears

Holocaust Memorial Day

Nazi victims remembered as spectre of prejudice reappears over Europe
Fortitude and the Arctic attraction: Our fascination with the last great wilderness

Magnetic north

The Arctic has always exerted a pull, from Greek myth to new thriller Fortitude. Gerard Gilbert considers what's behind our fascination with the last great wilderness