"A lot of sides have asked us about Giovinco, but there are no real offers on the table," Parma President Tommaso Ghirardi told Sky Sport Italia.
"We firstly need to speak with Juventus. That will happen soon so that we can sort out his co-ownership status. There will be plenty of time for other scenarios."
When pushed for an opinion on what he believes will happen to the Italian international, Ghirardi spoke of two possibilities.
"I think that he'll either stay here with us of re-join Juventus. They are the most likely outcomes. But then if a club wants to offer a lot of money then anything can happen, but these are difficult financial times.
"I've spoken to Sebastian and he told me that he wants to stay here or go to Juventus.
"We don't have the need to generate money and a lot will depend on what Juventus want to do. He is good enough to get into the first team at a side like Juve, but we have to understand if the Bianconeri are convinced of his ability."