Smalling has impressed during a season-long loan spell in Italy after falling down the pecking order at United.
Chris Smalling is set to be a man in demand following a brilliant season with Serie A club Roma.
According to widespread reports in Italy, Arsenal are keen to secure the services of the Manchester United defender - who is attracting interest from a number of clubs in the Premier League including Tottenham and Everton.
Roma know Champions League qualification will help them keep the in-form England defender but the Gunners will be hoping the Serie A side do not secure a place in Europe's elite competition next term.
Roma, however, are keen to secure Smalling signature permanently when the transfer window reopens, and reports suggest The Yellow and Reds have been shocked by United's reported £25million valuation of the Three Lions star.
La Gazzetto dello Sport say Roma will be competing with Arsenal, Tottenham, Everton and a few other Premier League sides for Smalling's signature.
The Italian publication believe La Magica are leading the race to secure the former Fulham defender's services permanently if they can make the top four.
They sit in fifth in Serie A - three points off fourth spot. However, nobody knows what format in which next season's competition will hold as football is suspended across Europe due to the coronavirus pandemic.
Smalling seems keen on extending his stay at the Stadio Olimpico having forced his way back into Gareth Southgate's England side, but Roma are reportedly expecting to sign the 30-year-old defender for less than £20m - a fee United won't be happy with as the Old Trafford club know there will be others looking to sign him up.