Eagles representatives are believed to have met with the Danish international, who has been told by the Gunners that he has no future at the Emirates Stadium.
Bendtner is believed to be keen to stay in the Premier League, despite rumours that European clubs are interested in his signature.
Palace are keen to take advantage of this as they look to add a cutting edge to their attack in a bid to avoid an immediate return to the Championship.
The only problem surrounding a potential deal is the striker’s salary – believed to be around £52,000-per-week.
This figure is way out of the newly promoted club’s current pay structure, and could scupper their hopes of luring the 25-year-old to Selhurst Park.
It is believed that Bendtner would have to take a significant cut on this figure to have a chance of securing regular first-team football for the coming campaign.
Palace have previously seen their move for ex-West Ham man Carlton Cole collapse this summer due to an inability to meet his personal demands.
The South Londoners have already swooped to take Marouane Chamakh from Arsenal this window.
Could Nicklas Bendtner score the goals to keep Crystal Palace up?
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