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Crystal Palace are in talks with Mathieu Flamini over the possibility of signing him on a free transfer.
Pardew is on the lookout for a new midfielder following the departure of Mile Jedinak to Aston Villa and has identified Flamini as an ideal candidate.
The Frenchman has been without a club since leaving Arsenal in the summer and Pardew believes his experience could benefit Palace.
"There is scope to bring in one more into the squad - I did that on purpose as I thought there might be a player we can take who is not under contract, who might just fit what we're doing," said Pardew.
"Mathieu is a player I am looking at, yes. He would give us a bit more experience to winning games.
"I like the fact whenever he played, he played in the big, big games at Arsenal when they needed someone to kind of lead the team over the line and get big results.
"Mathieu's name was always on that list. I have always admired what he's done, so I am looking at him.
"His age, 32, in my mind I signed Teddy Sheringham when he was 38, so the age isn't a problem for me. I think his experience is something I am looking at, yes."
Jack Wilshere met with Pardew before the transfer window but the England international opted to join Bournemouth on a season-long loan and Pardew admits Flamini could decide to join a club with a higher profile than Palace.
"We've had a couple of meetings with Mathieu to talk about what he would do here and how he would feel about competing with [Yohan] Cabaye, [James] McArthur, [Jason] Puncheon, [Jordon] Mutch, Chung [Yong Lee] and [Joe] Ledley," he added.
"I think another one [in midfield] is where I'm going to go with it, but whether it's him or not, I don't know.
"We do face strong competition for him, but mainly from clubs who have got a much higher profile than us.
"It could well be a situation like Jack Wilshere, where we are in there but don't get it over the line.
"There are others we are considering. There are one or two others floating about who are always of interest."
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