Ex-Tottenham and Man Utd coach has 'odds slashed' to take Premier League job
This is according to a piece in the Yorkshire Evening Post. McKenna is currently the head coach at Ipswich Town, who sit 4th in the Championship - last season, he guided them to promotion from League One, finishing second after 46 games had been played.
Currently, the Eagles are suffering a spell of inconsistent form - they have won two of their last five games, but have lost the remaining three. Last time out, they were hammered 4-1 by bitter rivals Brighton & Hove Albion - a result that sparked anger within Palace's fan base and put Hodgson's position into question.
Would Kieran McKenna be a good fit at Crystal Palace?
If McKenna's excellent run as manager of Ipswich is anything to go by, he would seem to be a fantastic fit for the head coach role at Selhurst Park. He has experience of working with a limited budget and getting the best out of his players - while Palace are not strapped for cash, they cannot compete financially with the likes of Manchester City, Newcastle United and Chelsea.
Additionally, he is also brilliant at setting up his team to score as many goals as possible from set piece scenarios. Palace have a top-class set piece taker in Michael Olise - one would believe that the 22-year-old would thrive under McKenna's stewardship.
He is, however, untested as a manager at Premier League level. Due to this, his appointment would carry an element of risk - especially with the Eagles being just five points away from the relegation zone. It would certainly be a contrast to Hodgson's management, as he is one of the most experienced coaches in football today.