According to Sky Sports reporter Michael Bridge, Crystal Palace are looking to spend around £55m this January on reinforcements at centre-forward, right-back and left-back.

What's the word?

Well, the report states that the south Londoners will look to spend around £25m on a 'mobile' centre-forward, while the Eagles have also allocated around £15m for each full-back position.

Bridge adds that Palace will focus on securing players who are under the age of 23, while interest in CSKA Moscow striker Fedor Chalov will be renewed. Genk full-back Joakim Maehle has also been scouted, while another move for Brentford's Ollie Watkins will be made if Wilfried Zaha leaves this month.

Would see an unprecedented amount of spending in the Roy Hodgson era

If Steve Parish does actually allow Hodgson to spend around £55m this month, it would signal something that we have not yet seen happen under the former England manager at Selhurst Park.

Since the 72-year-old stepped into the hotseat to replace Frank de Boer, he has seen Parish maintain a tight grip on the purse-strings.

Hodgson has spent just £11m and £9m on Cheikhou Kouyate and Alexander Sorloth respectively, while less than £5m was spent in the most recent window before this current one when Jordan Ayew and James McCarthy signed for peanuts - Gary Cahill's arrival was on a free transfer.

So, given how thrifty Hodgson has had to be since he arrived at Palace in September 2017, it would represent an unprecedented moment under the experienced manager at Selhurst Park, for Parish has never given the former Liverpool boss anywhere near that much to spend on just three players - if around £55m has been set aside for a centre-forward, right-back and left-back, it would average out to £18.3m spent on each signing, which is £7.3m more than Hodgson's current most expensive capture in Kouyate.

In other news, take a look at the XI that we think Hodgson should deploy against Norwich on New Year's Day...