Simeone is a target for River Plate ahead of the summer market.
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However, La Stampa says Cholito is now rethinking his plans and now favours staying with Torino for another season.
Simeone was Toro's leading striker under former coach Marco Baroni and is the same now with Roberto D'Aversa.
As such, the centre-forward favours remaining with Torino rather than return home to Argentina at this stage of his career.