Despite Lens getting relegated to the French Ligue 2, Varane says he is likely to stick around for now although there are options in case the likes of Man Utd and Bayern Munich come in for his services.
"Early in the season, my objective was to play as often as possible with the reserves. Finally I have played in Ligue 1," he told FranceFootball.
"I am under contract at Lens until 2015. We are in talks with the chairman to find the best solution.
"We talked about a departure and it seems there is no hostility from the club, even if I remain under contract.
"Interest from Bayern or Man Utd? It is greatly flattering to hear those names, and I even ask myself if that is really about me.
"But I can't dream. I have to think about it and join a club that will allow me to improve.
"Remaining in Ligue 1 seems to be the more sensible choice. The most important thing to me is time spent on the pitch."