The Egypt international is expected to leave the Giallarossi this summer.
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Toro sports chief Daniele Petrachi is interested in El Shaarawy, who he sees as a replacement for Che Adams.
Former Southampton striker Adams is being linked with a return to England after Scotland's World Cup campaign.
Along with Torino, former club Genoa are also offering El Shaarawy an emotional return for next season.
