AC Milan vice-president Adriano Galliani says coach Max Allegri will make a final decision on Clarence Seedorf's future.
Galliani has revealed that the talks went well, but the player wants to understand the thoughts of Allegri.
"He needs to talk to the Coach," he said. "This is a footballing issue, not a financial one as we are at a good point with regard to finances.
"We are also agreed on the length of the contract which is a one-year deal. We'll meet again next week and see."