However, Palermo president Maurizio Zamparini has said that the club will want at least £30m for the star man with Juventus' current bid falling well behind the marked price.
Premier League rivals Chelsea, Liverpool and Manchester United have also shown interest in Dybala but now face stiff competition as the Gunners have stepped up the pace.
All clubs are now on high alert especially with Dybala admitting that he would like to test himself in the Champions League.
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