However, he is not yet ready to hang up his boots and appears certain to keep playing somewhere else next term.
And, according to reports in Turkey, he is set to be offered a lucrative deal to extend his career with Galatasaray.
It has been suggested that they will offer him a one-year deal at the club with the option for a 12-month extension.
However, Terry will have no shortage of offers with clubs in China and America, as well as Glasgow Rangers, said to be keen on landing him.