Cole will be available on a free transfer from the 1st of July with several clubs including Manchester United interested in his services.
“For now there is no news,” Kevin Giesse told calciomercato.com.
“The boy has just returned from South Africa and now he will go on holiday. There are clubs interested in him, we are talking about a world-class player.
“I think by the end of the World Cup there will be developments and within two to three weeks there will be some news.
“Are AC Milan and Juventus interested? All negotiations are possible and that is not garbage.
“Several English clubs have asked for information, but at the moment nobody has moved concretely. After the World Cup we’ll be going to reach conclusions.”