Torquay United have won the race to sign Crystal Palace striker Rob Street, Football Insider can reveal.

The runaway National League leaders have agreed the terms of a loan deal for the rest of the season.

A recruitment source has told Football Insider Palace boss Roy Hodgson has given the green light for Street to go as he does not figure in his first-team plans.

Crystal Palace manager

The 19-year-old signed his first professional deal at Selhurst Park last summer but has not made a matchday squad for Hodgson’s senior side.

Instead, he has been a mainstay in Shaun Derry’s Under-23 team and is in the middle of a hot run of form having netted five goals in his last four Premier League 2 games.

Street now looks set to continue his development away from south London with Christian Benteke, Jordan Ayew and Michy Batshuayi firmly ahead of him in the pecking order.

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Torquay United are currently 11 points clear at the top of the National League table and are looking to seal a return to the EFL after a near seven-year absence.

The Gulls are the top scorers in England’s fifth tier, having found the net 38 times, 11 more times that Halifax Town who are second in the scoring charts.

The goals have been shared at Plainmoor with 36-year-old Danny Wright top goal scorer with eight.

In other news, Football Insider can reveal Sam Allardyce has set his sights on making a Crystal Palace star his first signing as West Brom manager.