Sebastian Leto's agent has revealed that Fiorentina are among several Serie A clubs keeping an eye on the former Liverpool winger.
Leto struggled to make a significant breakthrough at Anfield and was allowed to join Panathinaikos in the summer of 2009.
He has been far more successful in Greece and his performances have reportedly attracted widespread attention.
The 24-year-old's representative, Fernando Cosentino, claims Fiorentina are leading the chase and he will travel to Italy over the next few days for talks.
"Leto is a player who in Italy has always been followed by major clubs like Fiorentina," Cosentino told itasportpress.it.
"It would be an excellent reinforcement for Fiorentina.
"Juve were also very close to the player and former coach (Claudio) Ranieri liked him, but unfortunately the deal stopped because of the issue of the passport.
"In the coming days I'll come to Italy to meet with Italian leaders who have set their eyes on this very strong player who is able to win lots of trophies in Greece.
"Of course those who want him must have a free place for the non EU players."