The 40-year-old Buffon was expected to announce his retirement from professional football at the end of last season.
However, while he did confirm that he would be leaving Juventus, he did not confirm his retirement and instead revealed that he had received good options.
Buffon is regarded as one of the best keepers of all-time and while he his past his prime, he is still able to churn out quality performances.
The 2006 World Cup winner has been in talks with Ligue 1 Champions PSG since May.
Even though he has also been linked with Liverpool and Manchester United, it is understood that PSG are leading the race to sign him.
Though Buffon has had a highly successful career, the one major trophy which has eluded him is the Champions League- he has appeared in three finals of the tournament with Juventus and lost all.
A move to PSG could probably allow him one last chance to win the trophy.