The Frenchman has been the subject of interest from several Premier League clubs this summer.
Cabaye is said to need evidence of the Eagles' long-term project and ambition before confirming his switch, however, and Pardew will be doing his utmost to sell the 29-year old on Palace’s plans.
The France international will make his decision by next week, according to the report, meaning West Ham United and Newcastle could both potentially steal in before then.
Cabaye’s arrival would be a major coup for Palace considering his experience and profile in European football and would mark a turning point in the club’s recent history, as they look to push on and become established in the top half of the Premier League.
The Frenchman is just the calibre of player needed at Selhurst Park, however, if they are to push on further and build on last season's impressive campaign.