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According to reports in Italy, Juventus have cemented their challenge to the Gunners for Manolas' signature by making a bid for the Greek.

Former Middlesbrough midfielder Karembeu confirmed the Juventus bid and hinted that Arsenal will have to face off other Premier League rivals to land the 23-year-old.

He said: "Juventus have made a good bid for Manolas. But English clubs are also in. We won't sell for less than €10m (£8m)."

Arsenal are desperate to land a replacement for the departed Thomas Vermaelen with Per Mertesacker and Laurent Koscielny their only senior central defenders.

New signing Calum Chambers performed admirably at the heart of the defence at the Emirates Cup and the Community Shield but Arsene Wenger is looking to add to his options.

The Greek international shone for Olympiakos last season, making 25 appearances and scoring three goals for the Superleague champions.

His impressive form saw him earn a call-up to Greece's World Cup squad, and attract interest from a host of Europe's top clubs.