David Beckham could find out on Friday whether he has a future at AC Milan, according to the club's vice-President Adriano Galliani.
The 33-year-old wants to stay at Milan beyond his loan period, which ends on 9 March, but parent club LA Galaxy want him to return to the United States.
"There is still a bit of distance but Friday could be the decisive day for Beckham," said Galliani.
"The wish of the player is to stay, we will see how the situation evolves."
Galaxy have stated that Milan failed to close the deal on Major League Soccer's deadline day last Friday.
A few days earlier, the Los Angeles club revealed that they had rejected a £5m offer from the Rossoneri, with their valuation believed to be around the £10m mark. Galliani dismissed Galaxy's stance as a "tactic".
Several reports suggest that Milan representatives will fly to the United States this week for further negotiations.
Beckham has the option of buying out his contract and has a clause which means he can leave the American club for nothing in November, though returning to America for the remainder of the current season could put his place in Fabio Capello's England squad in jeopardy.
The former Manchester United and Real Madrid player has impressed at the San Siro during his two-month loan period, scoring twice and helping the side move up to third in the table.
His performances led to him being recalled to the English national team for the friendly against Spain last week.
Despite picking up a slight calf strain in Sunday night's derby defeat against Inter, Beckham will travel with the squad to Germany for Wednesday's UEFA Cup tie against Werder Bremen.
Source: BBC Sport