Panucci is keen on leaving the club after refusing to sit on the bench in the clash with Napoli last week.
“The squad wants Panucci to stay,” said Pizarro. “If he were to leave, we would be losing a very important player and one who is difficult to replace.
“The players as a whole want Panucci to wear the Giallorossi jersey. He is a professional and we could really use his support until the end of the season.”
Panucci is keen on a move overseas and has been linked with several Ligue 1 and La Liga clubs.