Reports in Italy suggest Alessandro Del Piero has reached an agreement to extend his contract with Juventus for another year.
Del Piero's brother Stefano met Juventus general manager Beppe Marotta for talks on Tuesday afternoon.
A statement released on the club's website said: "In the course of the meeting, the common interest of both parties in continuing this relationship was confirmed and a path towards the definition of a new contract that will link Alessandro Del Piero to our black and white colours was outlined.
"New appointments are already planned to continue the work started today."
La Gazzetta dello Sport understands Stefano Del Piero will meet Marotta again next Monday.
The length of the contract is said to be one year. Juventus are keen to ensure that Del Piero earns less than €2m a season, bonuses included.
It's thought that Del Piero had started by asking for annual wage packet worth €3m, but the overwhelming sensation is that he will accept what's in the club's interest.
Del Piero is keen to play in Juventus' new stadium, which is due to open next season.
Think you know your Italian football? Share your knowledge, tips and comments to win cash prizes in OLBG's tipster competition - £11,000 to be won monthly!