The experienced forward had appeared poised to join the Australian side last week but the deal appeared to stall, with his agent claiming he is also in talks with Greek side Olympiakos.
Several other clubs, including Liverpool, Southampton and Swiss side FC Sion, have been linked with the 37-year-old following his release by Juventus at the end of last season.
Pignata is still hopeful of signing the former Italy international, who spent 19 years in Turin ahead of his exit in May, but says a deal is yet to be done.
He told the Italian media: "We are optimistic, but Del Piero hasn't given definitive assent and he hasn't signed yet.
"Talks are still open. There are a few aspects to define. But Australia is ready to wait for Del Piero."
One of the top soccer cleats for control the Nike CTR360 will not let you down on the field in tight spaces.
The new PUMA evoSPEED 1.2 FG. A great new soccer cleat with classic look and first time for PUMA to be on the cleat.
Bayern Munich are kings of Germany and hope to be crowned kings of Europe at Wembley later this month!
The adidas Nitrocharge is the most talked about new cleat in years. It was released on May 15 and will take your pitch by storm.
Ajax has released their away soccer jersey for the 2013/14 season. Get in the Gear.
adidas has added some color to the Predator line with this new colorway. Released on May 17. Be the first to own a pair.
The Juventus jersey for the 2013/14 was released earlier this week. Be the first to wear the colors of the Old Lady.
Borussia Dortmund hears Wembley Calling and are headed to London for the Champions League final.
Chelsea won the Europa League on Wednesday. The Blues defeated Benfica 2-1 on injury time goal from Ivanovic.
The push for more color on their cleats, adidas has added the infrared colorway to the adiZero f50 Line.