The midfielder has been plagued by injuries in recent years, having only played about an hour of football in this current season. The 33-year-old has suffered from knee and hamstring issues, but is fit again and clamoring for selection.
However, reports say that the player has not been offered an extension and is disappointed about the situation.
Pienaar has previously played in Germany and Holland, and could return there. He also been linked with Glaswegian clubs Celtic and Rangers. HITC Sport though, state that the South African would like to stay at the highest level in the Premier League.