LONDON, Oct 23 (Reuters) - Crystal Palace have parted company with manager Ian Holloway by mutual consent, the Premier League club's co-chairman Steve Parish told a news conference on Wednesday.
"Ian's contract at Crystal Palace has come to an end by mutual consent," said Parish. "Ian felt that a new approach might help keep us in the division."
South-London side Palace are second-bottom of the standings with three points after only one win and seven defeats, having won promotion to the top flight via the playoffs last season.
They lost 4-1 at home to Fulham on Monday. (Writing by Ken Ferris; Editing by Stephen Wood)