After trying his luck abroad with Chinese club Changchun Yatai during pre-season, the 27-year old returned to Newcastle knowing he was happy to remain in Australia.
Although he has kept the door ajar for another overseas venture, Thompson is eyeing a new contract with the club he leads not only as captain but in appearances.
"I have been in Newcastle five years now, it is a second home to me and I would love to stay here," Thompson said.
"My agent spoke to [Jets CEO] John [Tsatsimas] a couple of days ago, and obviously [club owner] Con [Constantine] will have his say on things. Hopefully he turns around and says 'I'd love to have you'.
"In an ideal world, we can talk, get it sorted and sign in a couple of weeks.
I spoke to the club a couple of months ago and expressed a desire to try my luck overseas," Thompson added.
"John and Con were pretty cool with that and said 'No worries, get back to us when you are ready'.
"I have not closed the door on going overseas, but you do not want to be hoping and then left in the lurch with nothing.
"I'm not in a hurry it is your future and you don't want to rush into something and then regret it but I don't want it lingering over my head for too many weeks either.
"My priority is playing football and helping us get up the ladder, but at the same time you want to get it finalised."
Although Thompson is keen on securing his future with the Jets, this weekend his focus will be on resurrecting the club's season and recording a second straight victory when they take on the Brisbane Roar at Suncorp Stadium on Friday night.