The Daily Mail says funds will be made available to the Eagles boss next month as he looks to complete their survival mission.
And Hodgson has put Holy, the 6ft 9in Gillingham goalkeeper, high on his list of priorities. Hodgson is after a new keeper to replace veteran Julian Speroni and Wayne Hennessey, who have shared goalkeeping duties since the manager's arrival.
Palace travel to Swansea on Saturday.
Need a VPN? Or seeking to switch? Then support Tribal Football by clicking here to sign up with our official partners NordVPN. Not only will you receive the best VPN experience, but also great discounts by signing up via Tribal Football. Thanks for your support!