Sorensen had been linked with Southampton in the January transfer window and suggested that a move away from the club could still be possible.
"I have to be ready to move to another Italian club or abroad in case something happens suddenly," Sorensen told Sporten.dk.
"The coach has told me that he would like me to return after the summer holidays, but both of us are aware that it is not something we can decide right now."
The Dane moved to Italy in 2010 and is pleased with the progress he has made, adding: "I have settled in Italy now, can talk the language fairly well and have understood the tactical game.
"Due to that, it would be nice to stay in Bologna and Italy."
The 21-year-old also admitted that he would be tempted to play in England in the future.
He said: "I have always had a dream to develop my physical game in England and try to play in the Premier League, the Bundesliga or another good league."