The Spaniard has been on the radar of the 'Old Lady' for several years now, but acording to the 'Express', Juve have grown in confidence that the club could be tempted to cash in this summer.
The decision will lie with whoever is chosen to replace Arsene Wenger in the hot seat, with Mikel Arteta the current favourite for the role.
Bellerin joined Arsenal from Barcelona in 2011 and has regularly been linked with a return to his hometown club.
The 23-year-old has made 170 appearances for the 'Gunners' in all competitions, scoring seven times and has claimed to FA Cups during his time in the English capital.
However, with Juve planning something of a summer rebuild, it appeard that his time at the Emirates may be coming to an end.