Fabio Cannavaro admits he is flatttered by interest being shown in Italy, but insists he wants to stay at Real Madrid.
The defender joined Real last summer after leading Italy to World Cup glory, but his performances this season have been below-par.
He has been linked with a return to former club Juventus and admits he is pleased to be linked with his former club.
Cannavaro thinks a final decision about his future is unlikely to be made until the end of the season but he maintains he is happy at Real.
“I want to stay here, but I know that at the age of 33, when you fail a season, a club looks around,” he told Gazzetta dello Sport.
“I’m not ashamed to say I have been pleased to read about the interest of Italian sides, including Juventus.
“But let’s wait until June, then we will see.
“I know that in 30 matches, I have played about four of them in a good way.
“The World Cup, the awards, trips, everything has an influence.”
Real Madrid take a 3-2 lead to Bayern Munich for the second leg of their UEFA Champions League second round tie, and Cannavaro believes there are a number of possible winenrs this season.
Naming the clubs he feels will reach the quarter-finals, Cannavaro said: “Lyon, Arsenal, Liverpool, Real Madrid, Milan, Chelsea, Manchester United and I hope Inter, but their tie with Valencia is the most well-balanced.”