The Brazilian international briefly played under Roy Hodgson at Liverpool.
Crystal Palace badly need a goalkeeper and a perfect solution may arrive in the summer.
Sam Allardyce will be hoping that the signings he makes during this window can make their way into Crystal Palace's top five in future.
The Cardiff City boss has twice managed Speroni at Crystal Palace.
Palace's Julian Speroni is preparing to make history at the club by making the most appearances as a goalkeeper.
The 37-year-old has been at Selhurst Park for 12 years and will etch his name into the history books with an appearance at St Mary's.
A compilation of the best Argentine players to ever ply their trade in the Premier League, including Manchester City and Newcastle United favourites.
Gareth Barry is set to join Ryan Giggs, Rio Ferdinand and Frank Lampard in having spent 20 seasons in the Premier League.
Damien Delaney and Julian Speroni sign contract extensions at Crystal Palace.
Julian Speroni started for Crystal Palace against Manchester United last night, and Sheffield Wednesday midfielder Barry Bannan was delighted.