Earlier this summer, Karnezis was linked with Napoli and had been expected to replace Pepe Reina, but with the Spaniard seemingly remaining in Naples, it has left the 32-year-old having to look elsewhere.
However, it appears that Karnezis is attracting solid interest from England, with it being suggested that either Newcastle United, Watford or Crystal Palace will be the experienced Greek stopper's next destination.
Panagiotakis told CalcioNapoli24: "He'll play for Watford, Newcastle or Crystal Palace. Links to Napoli are dead."
Karnezis has made 108 appearances in Serie A during his three years with Udinese.