Announcing his decision, he explains: "There is a consent in that direction and, although it is not definitely 100% finalised with Harry hopefully we will sort something out between us - that is what we are striving towards.
"It's just sorting out bits and pieces so that if anything comes along in the future I might need releasing, things like that.
"We haven't really gone into detail, but basically all that's been said is that if we can sit down and iron one or two things out, as far as I'm concerned I'll be happy to play on."
In essence, that will mean allowing him to leave should a suitable managerial post be offered to him, though the fact that he has asked to stay, rather than see what comes up in the summer, emphasises that Stuart's first priority is to carry on crunching.
"I don't feel too bad, though football is never easy - the bottom line is nothing is set in stone, and if my standards are not there Harry and myself will be the first to realise it.
"But I don't think that's been the case this season; as a professional, taking a mean average, I think I've done reasonably well over the season and even if there are a number of games I'd have preferred to have done better at that's no different to any other individual in the Premiership."
Stuart was scheduled to receive the supporters' player of the year award at the supporters' club on Thursday evening and, although he was advised to stay at home in the morning because he is ill, he still hoped to be able to pick up the accolade.
"It is a big feather in my cap especially after the season I had last year, and hopefully all being well if I feel able to travel later - which isn't easy when you've got the runs! - I'll pop along.
"I'd certainly like to be there to pick it up so I'll see if I'm up for the job in the middle of the afternoon.
"It will rank up there with any of the achievements I've had; it reflects on what you have done personally in a team game and it's nice to win these personal accolades."
It represents an amazing turnaround in fortunes for Stuart, rescued from the doldrums at Newcastle on a free transfer and then breaking his leg twice at Upton Park.
He says: "Maybe being out so long then bought me time, maybe it didn't, but I'm a little more lightly raced as they say in the horsey world!
"It was important to get back fit and playing again this season and I've probably got as many appearances under my belt as any other player in the first team squad."
It is, of course no secret that his ultimate goal is to return to management, but he also fully aware of the cliche 'you are a long time retired.'
He is often mentioned in despatches when a job offer comes up, and jokes: "That's not a bad thing - but strangely enough I didn't get the Juve job connection, but there you go..."
Stuart recently turned 39 and, if he is still playing this time next year, he will only become the second Premiership outfield player to play at that age - the other being, ironically, someone else with management experience, Gordon Strachan.
He says he has no secret of eternal youth - no banana diet like Strachan - but attributes his longevity to sensible planning.
"I'll make a plan when the season finishes that is right for me and that will involve not having too much rest, because if you take the foot off the gas at my age it can be fatal.
"I'll probably give myself three weeks off because I've got to be fairly fit to play against players who are twenty years younger than me if not more.
"I'll have to work hard when some of the lads put their feet up so I'm not open to injuries.
"Then in the season it is important - and the club have been good with me this year - that they will leave it with me to miss a day here and there, especially when you are playing the majority of the matches."
Stuart's immediate thoughts are on getting clear of relegation this weekend and he adds: "There's nothing worse than us ticking along like we have been saying 'one more win, one more win' - we are two games from the end of the season and we are still saying it.
"Southampton will be no pushovers; I saw them on the telly against Newcastle; they are extremely well organised and will be a tough nut to crack.
"No one at this club wants to be playing in division one next year."
So watch out Premiership - Psycho is STILL out to get you.