Inter Milan wants Figo to play on for another season at the club.
LA Galaxy general manager Alexi Lalas has said he is following Figo’s situation very carefully.
He told Portuguese Radio Renascenca: “Either I will play for another year at Inter or I will retire from professional football.
“Considering the affection shown to me by the fans, the President and teammates, I would remain at Inter.
“The alternative is to retire. There are no negotiations in place with other clubs.”
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Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.