Juventus are closing in on a deal for Fiorentina midfielder Felipe Melo. Juve have agreed to pay Melo's buyout clause and the Brazilian will sign a five-year deal worth £2 million-a-season.

Despite the rival interest of Arsenal, Juve are expected to announce to the Stock Exchange the capture of Melo.

Terms will be struck involving Juve winger Marco Marchionni moving to Florence in part-exchange.