Ribery has been linked with clubs such as Real Madrid, Chelsea, Manchester City and Manchester United in recent months.
“The decision depends on what Bayern mean to do regarding building a team that will hold their position in Europe,” agent Alain Migliaccio said, according to Bild.
“We must remember that Franck is under contract with Bayern until 2011, and as such Bayern holds the power in the negotiations. Until we have met [directors Karl-Heinz] Rummenigge, [Uli] Hoeness and [Christian] Nerlinger, nothing will happen.”