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Starsport revealed last month that the Gunners were plotting a move for Serbian defender, with skipper Thomas Vermaelen set to leave the club.

The Belgian is likely to join Barcelona for around £10m this summer, with Arsenal not keen on selling him to domestic rivals Manchester United.

Vermaelen's impending departure has led to boss Wenger drawing up a shortlist of replacements, which includes 21-year-old Nastasic.

And according to Italian newspaper Tuttosport, a deal for the Serbia international has moved a step closer after City put the player up for sale.

The reports also claim Italian champions Juventus are keen on bringing Nastasic to Turin.

The Serbian joined City from Fiorentina in 2012 and managed to force his way into the side in his debut season.

However, he struggled for game time in 2013-14 campaign, as Manuel Pellegrini opted to pair Martin Demichelis alongside captain Vincent Kompany in central defence.

He is likely to find first-team action hard to come by once again in the upcoming campaign, with City poised to sign Porto defender Eliaquim Mangala for £32m.