Tuttosport says Juve aim to take advantage of United's interest in Fede Chiesa to set up an exchange.
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The two wingers are rated at a similar price, however, the difference in wage demands is an issue.
Chiesa earns €5.5m-a-year, while Sancho is demanding €10m-a-year from his next club.
The plan for Juve is to offer Chiesa to United for a lower than expected fee in exchange for a loan arrangement for Sancho.
Juve would then seek an agreement from United to cover a major percentage of Sancho's wages for next season.