The Eagles gave Wright his big break when they plucked him from non-league Greenwich Borough in 1985.
Wright told The Sun: "I hear Ron (Noades) is thinking about getting involved again and so is Steve Coppell.
"What Palace need is people who love the club and people the fans can trust. The fans have been left in the wilderness by the people who are running Palace - and now look where they are.
"I don't think the supporters realise how much Ron has done for the club, or how much he loves it. The fact he wants to go back in again to help out in some capacity with Steve is good news, very good news.
"I do love Palace, it's the place where it happened for me.
"I still look up to Ron a lot and if I was going to go there under his leadership, with Steve (Coppell) there as well, then yeah, I'd consider doing something."