Malky Mackay has withdrawn from the running to become Crystal Palace's new manager according to Sky Sports.
The former Watford and Cardiff City boss was being heavily linked with the Selhurst Park vacancy following the sudden exit of Tony Pulis last week but it is believed that it is unlikely he will now take the job.
Reports suggest that talks between the Eagles and Scotsman Mackay have broken down despite an impressive interview with chairman Steve Parish on the weekend.
Former Tottenham manager Tim Sherwood is now believed to be the favourite to land the Palace job as the south London club prepares for this weekend's Premier League clash with West Ham United.
Under caretaker boss Keith Millen, the Eagles were beaten 2-1 by Arsenal by virtue of a late goal from Aaron Ramsey in the 2014/15 season opener on Saturday.
