Barry Fry believes Steve Parish has worked miracles as Crystal Palace edge towards appointing a new boss.
Palace are still seeking Roy Hodgson’s successor after the former England manager walked away from Selhurst Park at the end of the season.
Reports suggest ex-Arsenal captain Patrick Vieira, who was sacked by French club Nice in December, could be appointed as the Eagles’ new chief imminently.
The move comes after former Borussia Dortmund manager Lucien Favre became the latest big name to pass up the opportunity to take charge of Palace.
Fry, who previously claimed Parish could be looking to sell the Premier League club, feels the chairman deserves credit for the job he has done since leading a consortium to acquire Palace and save the club from a second spell in administration 11 years ago.
However, he feels a lack of funds has contributed to Parish being made to contend with problems in finding Hodgson’s replacement.
Speaking exclusively to Football FanCast, Peterborough United director of football Fry said: “Steve loves the club. He loves it to death, no doubt about it and he has worked wonders.
“He has been there in very, very difficult situations and the club was going to go out of business before Steve did a lot to keep it alive. He worked miracles at that time.
“Knowing Steve, he wants to take the club forward. He wants a manager and structure that the people behind the scenes, such as the management team, recruitment team and scouting team, will get on board with. But the problem is money.”