Francis, also a former Palace player, has managed Exeter, Bristol Rovers and Tottenham as well as having two stints in charge at QPR. In his first period at Loftus Road he made them London's top club, despite having limited resources.
Jordan revealed in Standard Sport yesterday that he is not going to bring back fans' favourite Steve Coppell and has ruled out a host of names including Lawrie Sanchez, Micky Adams and Dave Bassett.
He made it clear he wants someone with a proven record but is unlikely to make an appointment until Palace know what division they will be playing in next season.
Coach Steve Kember, assisted by Terry Bullivant, will be in temporary charge of Palace away to another club threatened by relegation, Portsmouth, tomorrow.