How do you know we've even offered a new deal?
In the interview Bozza posted, he says there will be talks with the club once he's finished his international commitments at the start of July.
Of course, he may not want to sign a new deal but from the outside this process looks pretty standard.
Why does it mean he won't sign an improved contract being offered?
Triggering the option is merely a formality to allow us time to either a) negotiate a longer-term contract b) sell him