The left-sided center half, who is a backup at the Emirates Stadium, is a target for new Juve boss Thiago Motta.
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Per The Mirror, Arsenal will be seeking a straight fee if they are to lose Kiwior.
However, Juve are hoping to do a cash plus Arthur Melo deal for Polish star Kiwior.
The Gunners will demand around £20 million, as they want to use the money to fund their own transfer moves.
Arthur is one who Arsenal may not even want to sign, given his struggles at Liverpool a year ago.