Juve are planning to raise €60 million from sales this summer to fund a late signing spree. Birmingham City are in talks for Mauro Camoranesi and Fabio Grosso, while Christian Poulsen is set to join Liverpool.
"Michel is a very important player for us, but our philosophy is that we always listen to someone who is interested in our players," confessed Lyon director Bernard Lacombe.
"It all depends on the offer. Would Momo Sissoko or Vincenzo Iaquinta be included? Why not? We'd have to evaluate the wage issue first, as we're trying to lower our salary budget."