The Reds have made an offer for the 37-year-old striker who scored 208 goals in 513 appearances for Juventus.
Del Piero is expected to announce his decision in a press conference in Turin on Wednesday.
However, Sydney chief executive Tony Pignata remains confident of having the former Italy international in his squad.
He said: 'Liverpool have come in ... and they're a big club, there's no denying that. But I think the attraction of Australia might sway us.
'I'm still confident but until we get that signature on a piece of paper, you never know. We've done as much as we can to get this deal over the line.
'We're all anxious. I'm sure there's a lot of fans out there hanging on to get a decision. We've just got to be patient. We've only been in these negotiations for a week and sometimes these sort of negotiations take longer.
'We'll know soon one way or the other.'
Sept. 5, 2012.
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