Italian newspaper Gazzetta dello Sport reported the 38-year-old Ibrahimovic will choose against renewing his Milan deal which finishes at the end of the season.
The Swedish outfit's president Richard Von Yxkull said the decision was in the hands of the attacker who played 116 times for his country before retiring from international duty in 2016.
"It's about knowing how Zlatan sees his future and what he wants to do," Von Yxkull told newspaper Dagens Nyheter.
Earlier in April the Spanish, Italian, French and Dutch league winner said he wanted to stay in the game after retiring.