Il Gallo is a free agent after his contract with Torino expired and he failed to agree a new deal.
The Serie A season kicks off this weekend and he still does not have a club.
Wolves had made an offer, but Belotti was not interested in the Premier League proposal.
Now La Repubblica claim that the centre-forward has a new offer on the table from Ligue 1 side OGC Nice.
His priority remains Roma, having been personally courted by coach Jose Mourinho.
Belotti is 28 years old and has 12 goals in 44 senior caps for Italy.