The 42-year-old mentor did not accept the club’s offer.
Earlier on sportsandworld.com reported that ex-Chelsea coach Frank Lampard may soon be heading Crystal Palace with Roy Hodgson leaving the club at the end of the season.
Today Football Insieder has learned that the English specialist has rejected the offer.
It was also previously reported that Frank Lampard is one of the candidates for the post of West Bromwich mentor.