Stamford Bridge chief Sarri, 60, is preparing his team for next Wednesday's Europa League final against Arsenal but his future is uncertain after failing to challenge for the Premier League title.
Juventus are now looking to lure him back to Serie A following his three impressive years at Napoli before his move to the Premier League last summer. Juve have pinpointed Sarri as their choice to replace axed Max Allegri, who leaves on Sunday.
Conte was the frontrunner for a return to Turin after three glittering seasons as a coach and a trophy-laden spell as a player.
But that now appears unlikely as Juve megastar Cristiano Ronaldo is believed to be against a move for Conte, 49, who is approaching a year out of football.