Rangers are said to be interested in bringing the veteran to Ibrox.
The Italian veteran is a free agent having been released by FC Zenit in July and so can still be registered by any interested parties.
RMC reckon that both Monaco and Brazilian club Flamengo are also keen so how it all transpires remains to be seen.
On the face of it signing up Marchisio, who had a long and illustrious career at Juventus, would be a blockbuster piece of business by Rangers, especially on a free transfer.
Despite his current status he has a market value of £2.7m according to Transfermarkt, suggesting his current status would make him a real bargain.
However, there are factors to consider that make bringing the 33-year-old to Rangers a much more risky prospect.
In fact, he's a signing that Steven Gerrard should be looking to avoid.
A declining career
Giving players who have hit a rut in their careers and polishing them up for life in the Scottish Premiership is nothing new. It's something that can pay off in the right circumstances.
However, Marchisio's current situation hasn't exactly happened overnight.
Since the 2015/16 season he's played less and less league matches with each passing year. The last time he played more than 30 times in a top-flight league came back in 2014/15.
His last season at Juventus result in just over 800 minutes of league action (Transfermarkt).
His fortunes didn't improve at Zenit, where he managed to make just nine appearances in the Russian Premier League.
The reason for Marchisio's decline appears to be primarily because of a series of debilitating injuries.
According to Transfermarkt, he has missed a massive 587 days of action because of injury since the start of the 2015/16 season.
That should set off massive alarm bells at Rangers.
When you consider that the club have been laboured with players such as Graham Dorrans and Jamie Murphy in recent times, they can't afford to sign up another high earning player who isn't able to contribute as much as they should.
Gerrard has plenty of midfield options already
Rangers don't even need to sign another central midfielder. They are already well stocked as it is. Gerrard has more than enough options to get through to January at least where things can be re-assessed.
There are actually players that the Ibrox boss should be investing playing time in, but currently isn't able to, because of the strength in depth.
Greg Docherty is a player with potential who has a passion for the club and isn't getting a look in, for example.
Marchisio would only add to the confused picture and although it may be tempting to bring in a big name with excellent experience, in this case it's one to avoid.
Have something to tell us about this article?