The Danish international is believed to be available for transfer this summer, with manager Arsene Wenger said to have deemed him surplus to requirements at the Emirates Stadium.
Bendtner himself has admitted that he is open to a move, but only if the conditions are right.
Discussing his next move with Sporten.dk, the 24-year-old revealed that he is seeking a club that has qualified for the Champions League next season.
He continued: "Secondly I need to be happy. A lot of people think that it is all about the money, but money does not matter if you are not happy.
"I have been in a situation before where I made a lot of money without being happy. I need to be happy when I come in which is universal for everyone.
"You need to be excited to come in to work."
When asked what the third stipulation would be, Bendtner replied: "Playing regularly."
Italian side AC Milan are the latest club to have been linked with Bendtner's signature.