Club president, had announced that Bencharki would be leaving Zamalek following months of speculation about his future.
Bencharki also expressed his desire to leave Zamalek as his contract with Zamalek ended on Friday.
It seems that Bencharki will leave Egypt, despite being linked to arch-rivals Al Ahly.
Several reports linked Bencharki to a move abroad, despite him having received offers from Turkey and Qatar.
But, new reports now reveal that Olympiacos, the Greek Super League champions, are interested in the Moroccan.
A report by to10 claims that Bencharki was offered to Olympiacos, and that the record-holders might be tempted to sign him in the summer.
Olympiacos already have signed five players, including Sime Vrsaljko from Atletico Madrid and Aboubakar Kamara of Mauritania.
Bencharki made more than 100 appearances for Zamalek. He scored 39 goals and assisted 26. This helped them to a CAF Super Cup title as well as an Egyptian Premier League title.