The Crystal Palace chair, Steve Parish, has said they have reopened talks with Oliver Glasner over extending his contract beyond the end of this season but admitted they must match their Austrian manager’s ambition if they are to persuade him to stay in south London.

It is understood the FA Cup winners first explored the possibility of extending his contract with Glasner’s representatives earlier in the year but discussions were put on ice as he guided them to a historic victory over Manchester City in the final at Wembley in May. The former Eintracht Frankfurt manager has been linked to both Manchester United and Bayern Munich in recent weeks and said at the start of October that talks had yet to resume with Palace. But in an interview with TalkSport on Sunday, Parish said he has held “some early conversations” with the 51-year-old.

“We would love to keep Oliver, we’re building something. I think for Oliver it’s about the conditions being right,” said Parish.

“It’s about everything being in a way that he enjoys his work and he finds the conditions favourable to achieve. Oliver wants to win things. He makes no secret of that. That’s what he’s in...