Hodgson, 73, who is out of contract in the summer along with several players, has repeatedly insisted he would discuss his future when the time was right.
However, the Eagles have already lined up a list of replacements should he go and one of the contenders is former Palace player Ismael.
The Frenchman, who made just 13 appearances for Palace in 1998, is one of the favourites to take over from Hodgson should he fail to renew terms at Selhurst Park.
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