"The club are saddened to learn of the passing of ... Ron Noades," Palace said on their website (www.cpfc.co.uk) on Tuesday.
"Ron was diagnosed with lung cancer just over a year ago and received chemotherapy, brain radiotherapy and radiotherapy."
Noades, who also had spells as chairman of Wimbledon and Brentford, was in charge of Palace from 1981-98.
The club finished third in the top flight in 1991 and lost the 1990 FA Cup final to Manchester United at Wembley.
(Reporting by Tim Collings; editing by Tony Jimenez)
