Hodgson, 76, taken ill on Thursday amid reports he was to be sacked
Oliver Glasner is strong favourite to replace Hodgson
Palace face Everton in Premier League at 20:00 GMT
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Right, thanks for joining us for this specially-extended live page as we brought you the news that Roy Hodgson has stepped down as Crystal Palace manager.
That's us done for the time being - but not for long.
We'll have live text commentary on the BBC Sport website of Palace's first game of the post-Hodgson era as they visit Everton tonight (20:00 GMT kick-off) in the Premier League.
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Roy Hodgson not only experienced six different countries and cultures, he coached his boyhood club, managed his country, changed the way football was played in another (Sweden), got to two European finals and managed at four major international tournaments. How many can say that?
Andrew, Aston Villa fan
Alex Howell
BBC Sport on BBC Radio 5 Live
Oliver Glasner is someone Crystal Palace have looked at before - the co-owner John Textor, who also owns Lyon, has been in talks with Glasner previously about taking over in France, but it wasn't the right time.
Palace feel his style of football, which is an aggressive pressing with high-energy, will suit their players.
The only thing with having a new manager coming in is they have a lot of injuries, so whether Glasner can implement his style is the main risk.
He has not been confirmed yet, but I understand it is very close to being done.
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Roy is a legend - he has been doing his best to hold the fort for a small club in Palace and Palace fans should be thankful for him doing what has been a completely thankless task out of love for the club. The club bought appallingly badly in the summer - that wasn’t Roy’s fault. Those who have been directing ire at him, I hope, will in time feel ashamed of hurling abuse at an absolute legend, and a very selfless one at that. I am a Palace fan and have found the behaviour of some fans recently pretty disgraceful. Roy, you have the sincere thanks of the majority of rational fans for years of keeping up a fairly average team.
Tom
So pleased that Roy is out of hospital and recovering. Thank you for everything you've done for Palace and hope to see you in the stand again soon. Let's now look forward under new management and hope to see the talent within the squad and academy shine under renewed impetus.
Ian
More from Palace chairman Steve Parish on Roy Hodgson's departure from the south London club.
“I would like to thank Roy enormously for his service and wish him the very best for the future; it’s fair to say Roy has the keys to Selhurst Park and will always be welcomed back," Parish said
“On a personal note I would also like to thank Roy for his support, his professionalism and his friendship.
"He’s been the manager for half of the time we’ve been in the Premier League, I’ve enjoyed working with him and learning from him immensely.”
Phil McNulty
BBC Sport chief football writer
Roy Hodgson's nomadic 48-year career in management took him around the world but has surely ended at the place he called home - Crystal Palace.
The drug of football that has been Hodgson's lifelong addiction may well have been sampled for the last time with his departure from Selhurst Park amid fan disaffection and a drop towards the Premier League's danger zone.
After he stepped down as manager with the club in 16th and, having been taken ill last week, surely it is time for English management's elder statesman to finally hang up his tracksuit.
If Palace, Hodgson's boyhood club, is to be the 76-year-old's final port of call he can look back on a fine body of work, but one that proved he was more suited to clubs of a middling level rather than when his journey took him to the game's highest places.
Hodgson's desperate seven-month reign at Liverpool, along with a four-year tenure as England manager that included the rank embarrassment of the 2014 World Cup in Brazil and the Euros in France two years later, are evidence of his limitations.
And yet, for all that, there are many clubs and supporters - particularly Fulham after he took them on a dream trip to the Europa League final in 2010 only to lose to Atletico Madrid in Hamburg - who have every right to offer grateful thanks to Hodgson's excellent work.
Hodgson would not have lasted so long at the highest levels without vast knowledge, tactical acumen and the ability to achieve results that satisfied many.
Read Phil's career retrospective piece on Hodgson in full here.
Image source, Getty ImagesAlex Howell
BBC Sport on BBC Radio 5 Live
Image source, Getty ImagesOn Roy Hodgson's health...
The club were keen to get that message out that they have been laying up a succession plan.
They said 'Roy's health was their main concern' and that is why there hasn't been any updates until now - they only gave an update saying 'he was stable'.
But, apart from that there has not been any detail on his condition, until now.
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One of our own. The players clearly love him. Sad to see Roy go but he's a class act who deserves a peaceful and happy retirement.
Anon
Roy can leave with his head high and feeling very proud of his contribution to CPFC. Never any doubt that his love for the club and desire to win was always at the heart of his decisions.
Anon
Alex Howell
BBC Sport on BBC Radio 5 Live
We had heard the rumours and I was told Oliver Glasner, the ex-Eintracht Frankfurt manager, was close to being appointed and this was the same day Roy Hodgson fell ill.
This has led to him leaving now, the form has been poor for a long period of time at Crystal Palace and they have three wins out of 19 games in all competitions.
Palace have a big game this evening in the Premier League against Everton, who are in the relegation zone.
As Hodgson has stepped down his assistant Paddy McCarthy and Ray Lewington will take the side tonight, but it will remain to be seen if they will stay at the club.
Image source, Getty ImagesHow do you feel about Roy Hodgson's exit?
And you can provide more in-depth comments on the Palace fans' page here.
Former England boss Roy Hodgson managed 200 games across two spells at Selhurst Park.
He recorded 66 wins, 48 draws and 86 defeats - a win ratio of around 33%.
But his six years there were all spent in the Premier League, competing against clubs with much bigger budgets.
Nonetheless, he ensured they were never really in danger of relegation during his four initial seasons, recording finishes of 11th, 12th and two 14th-placed campaigns.
Then, after replacing Patrick Vieira last spring, he guided them comfortably away from trouble to finish 11th.
Image source, BBC SportCrystal Palace chairman Steve Parish has paid tribute to Roy Hodgson following the 76-year-old's decision to stand down as Eagles manager.
“Roy has a special place in Crystal Palace history and this will never be forgotten," Parish said.
"After four years in which he led the club to maintaining Premier League status season after season, he once again joined us nearly a year ago to steady the ship, and worked wonders.
"That he then agreed to continue in the summer speaks volumes about his commitment to our club. Quite simply, we owe our continued Premier League status to Roy."
BBC Sport has a dedicated Palace page packed with news, analysis and fan views - get it here
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I am happy that this has been settled, and that Roy has left with dignity. The Club owed him that, I am sure I am not alone in wishing him a speedy recovery, and like all decent Palace fans can only thank him for a job well done.
Bob
First and foremost, so pleased to hear Roy is out of hospital and doing well. An absolute gent and great servant to the club, I’m glad he’s had the chance to step aside with his trademark dignity and class. I’m sure he’d have got the necessary points to keep us up this season, but the toxicity amongst certain areas of the fanbase made it inevitable. Go well, Roy
Anon
Put your health first Roy. Keep safe.
Ray
A snapshot of the reasons behind Roy Hodgson's decision to step down.
Image source, BBC SportCrystal Palace have confirmed that Hodgson's assistants Paddy McCarthy and Ray Lewington will lead the team tonight for the Premier League match against Everton at Goodison Park.
No surprise to see so many people with kind words for such a gentleman of the game - and also no surprise that Roy Hodgson has been so gracious in his gratitude to Palace.
“I would like to thank Steve Parish and his American partners for their support, along with my coaching staff and backroom team who have helped me so much along the way," his statement added.
"In particular, a huge thank you to my long-term friend and assistant, Ray Lewington; coaches Dean Kiely and Paddy McCarthy; plus the excellent sports science, video analysis and medical departments.
“My thanks and respect also to the current squad of players who have been a pleasure to work with - they are a credit to the club and themselves. I am certain that our fans will continue to give their full support to the team for the remainder of this season and beyond.
“I am confident that the season will finish well and I wish the team every success in the weeks, months and seasons to come.”
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Legend and noble and honourable to the end. He has done the right thing for the club and, at a time when many managers would hold out to be paid off, he has shown his class. Good luck Roy.
Gav, Deddington
I think it’s great Roy has been allowed to make a dignified exit from Palace after all his loyal service. In management terms, he’s always been one of the genuine ‘good guys'.
James, West Ham fan
Former Eintracht Frankfurt boss Oliver Glasner is expected to be confirmed as Roy Hodgson's successor at Crystal Palace "once the game is out of the way", as the Eagles prepare to face Everton later on Monday.
BBC reporter Alex Howell says Glasner has been on the radar of the owners at Palace for some time.
Oliver Glasner expected to be in charge for Crystal Palace's game at Spurs.
Roy Hodgson has issued a statement on his departure from Selhurst Park after bringing to an end his second spell in charge of the Eagles.
Hodgson previously managed Palace from 2017 to 2021 - and returned in March 2023 after the sacking of his successor Patrick Vieira.
The 76-year-old said: “This club is very special and means so much to me and has played a big part in my footballing life.
"I have fully enjoyed my time here across six seasons, as it has given me the chance to work with top class players and staff doing what I love every day.
“However, I understand, given recent circumstances, it may be prudent at this time for the club to plan ahead, and therefore I have taken the decision to step aside so that the club can bring forward their plans for a new manager, as intended for this summer."
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Palace fans - and, indeed, supporters from the wider footballing world - please get in touch to let us know your thoughts on the news of Roy Hodgson's departure.
While expected, it has certainly come at a slightly surprising time, given the Eagles face a huge trip to Goodison Park to face Everton in a relegation six-pointer in just four hours' time.