Holloway’s team was on the receiving end of an emphatic 4-1 home defeat against Fulham on Monday night, and the club currently sits second from bottom in the Premier League with just three points after one win this season (against Sunderland, at Selhurst Park).
Under Holloway’s management, he helped Crystal Palace get promoted to the Premier League last season after defeating Watford in the final at Wembley. At Crystal Palace, Holloway had a win percentage of 30% compared to 38% when he managed Blackpool.
However, it cannot go without saying that Palace have given Holloway very little support in the transfer market, and the manager has done as well as he can with the resources he has at his disposal. The way that Palace have managed their transfer activity was an indication that Palace were not willing to invest heavily to stay in the top flight, but that they were hoping to strengthen next season after they received a parachute payment if the club was to be relegated.
Holloway explained during his press conference today that he will consult with the club to help them find the next manager, but that he feels it’s time for someone new and that “I’ve lost the spirit of that group. I owe it to the lads to admit that.”