Manchester United target Nathaniel Clyne has refused to sign a new Crystal Palace contract and could leave in January.
Sir Alex Ferguson is reported to be an admirer of the young full-back and a move to Old Trafford could be on after the latest revelations, according to the Evening Standard.
Palace chairman Steve Parish confirmed Clyne has refused a new offer and his current deal runs out in the summer.
“Nathaniel won't sign a new contract. I have offered him a very lucrative one and I can't force him to accept it,” Parish said.
“His agent has got Nathaniel running his contract down - make your own mind up [what's happening].”
The England Under-21 international has impressed many over the last 18 months and is keen to make the step up to play Barclays Premier League football.
Parish revealed that the Eagles would not just sell to anyone and that the price must be right.
This is because Clyne is under 24 and so Palace would receive compensation when he joins another club after his contract runs out.
“The situation is out of our control because we didn't give him his last contract as it was before the new consortium bought the club," he added.
“The thinking before was to give him a three-year deal and then they'd be entitled to compensation.
“That is something we will have to look at as and when someone makes us an offer this month or in the summer we will expect to get a good deal on compensation.
“He is one of the best young players in the country and we'd expect to get something from a tribunal that would reflect that for a young player, plus all the add-ons.”
Despite the 20-year-old’s departure looking imminent, the south London club’s chairman was full of praise for the exciting young talent.
Parish also revealed that Clyne may choose to stay at Palace should they win promotion this season.
“Nathaniel plays fantastically for us and we will get good money when he leaves. The way things have been done is not great but right now he is in the form of his life,’ he conceded.
“He gives 150 per cent for us and if he sees out his contract, there is not much more you can ask for.
“If we were to get into the Premier League this season it may make a difference because that is where he wants to play.”