A report from 7 News Perth revealed Neale was mulling over a decision to return to Western Australia, with a trade request back to Fremantle a likely outcome.
In a statement released by the Lions on Monday, the club have revealed Neale has not officially requested a trade but has asked for time so he can weigh up his future in Queensland.
"The Brisbane Lions have today met with midfielder Lachie Neale," the statement reads.
"Lions CEO Greg Swann, GM of Football Danny Daly and Senior Coach Chris Fagan sat down with the Brownlow medallist following reports he was seeking to return to Western Australia.
"Neale and his wife Jules are expecting their first child and he has confirmed the couple are weighing up where they would like to raise their family.
"He did not request a trade but has asked for some time to have further discussions with his wife and family.
"The Lions will not make any further comment at this stage and we request that Lachie and Jules’ privacy be respected."
Neale has played 60 games for the Lions since joining the club from Fremantle at the end of the 2018 season.
The 28-year-old has won a Brownlow Medal, AFLCA Champion Player of the Year Award, AFLPA MVP Award, two All-Australian selections and two Brisbane best and fairests in his short spell with the Lions.