Juventus youngster Nicolo Fagioli is rumoured to be on the table for a player-plus-cash deal, with the Old Lady believed to be willing to offer £25m plus the 20-year-old.
However, Fagioli's agent, Andrea D'Amico, has moved to quash rumours of his client leaving Turin this summer, revealing to Sky Sport Italia that Arsenal have tabled a £34m bid for Locatelli in the process.
"But I can assure you that, as of today, Fagioli has not been included in the deal.
"Massimiliano Allegri wants to see him in training to understand if he can be useful during the season."
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