Giovinco was outstanding on-loan at Parma this season.
"I think that I will remain at Parma,” he told Sky Italia. “President Tommaso Ghirardi and director Pietro Leonardi have been quite clear about it.
“Unless there are some radical changes to the plans, then I am 99 per cent sure of remaining here.
“Juventus were very clear with me. They told me that I wasn’t a part of their project and it is better for me to stay at Parma. I don’t want to make the same mistake I did a few years ago.”