Feeney is one of a number of players to have been linked with the club as boss Eddie Howe bids to strengthen his resources ahead of a new campaign in League One.
The Northern Ireland international has a wealth of experience at a higher level and would be an excellent acquisition as Howe looks to add firepower to his ranks.
Feeney enjoyed a fruitful spell with Cherries and netted 36 goals in 108 league games between March 2001 and May 2004. And his goalscoring exploits for struggling Stockport earned him a £175,000 move to Luton where he helped the Hatters lift the League One title in 2005.
Supporters' player of the year at Dean Court in 2002, the Ulsterman joined Cardiff City in February 2007 but has experienced fluctuating fortunes with the Welsh outfit.
Feeney will be hoping to feature today when the Bluebirds meet Blackpool in the Championship play-off final at Wembley with a place in the Premier League awaiting the victors.
However, with his contract due to expire next month, Feeney is unlikely to remain at Cardiff and is currently weighing up his options. But although he still owns property in Poole and his wife Katy comes from Bournemouth, he believes a second spell with Cherries will not be on the cards at this stage.
In an interview with the Daily Echo last night, Feeney said: I loved my time at Bournemouth and it is a great club. It is also a fantastic place to live.
It has been phenomenal what has been achieved at Bournemouth over the past couple of seasons. Eddie and Jason have really got them going and I was delighted to see them win promotion.
They deserved all the plaudits they received and it shows just how far they have come. They appear to have a stable background and Eddie Mitchell seems to know what he is doing. I wish them all the best.
With regard to me going back there, I'm not sure at the moment. I'm looking into a few other things and have got some bits and pieces to consider. I wouldn't rule it out in the future but only if they still wanted me!
Feeney, who is fit again after undergoing hip surgery earlier this season, added: It would be great to have another promotion on my CV and I'm really looking forward to the final. Although I didn't feature due to injury, I've still got fond memories of the Millennium with Bournemouth.
But, whatever happens, I have made up my mind that I will be leaving Cardiff. It's been hard sitting on the bench this season and I want to enjoy my football, earn my money and put the smile back on my face.