The Turkish giants, who are looking to bounce back after a disappointing 2010-11, have set their sights on the Brazil international
Galatasaray have been looking to strengthen their midfield this summer and identified a number of high-profile targets such as Inter schemer Esteban Cambiasso and Lyon's Kim Kallstrom, but a move for the 28-year-old Melo has moved to the top of their list of priorities.
The club revealed the development in a statement to the Turkish stock exchange: "The club have begun talks with Juventus for the loan of Felipe Melo de Carvalho."
Goalkeeping coach Claudio Taffarel also confirmed the club's interest in his compatriot.
"I talked on the phone with Felipe Melo. He is strong both physically and technically. He will make a major contribution to the team," he stated, as reported by the Anatolian News Agency.
Melo has been told by Juventus' new coach Antonio Conte that he is free to leave the club having not been included in their squad for the pre-season training camp in north America. Borussia Dortmund were also reportedly interested, although this was strongly denied by the German champions.
However, a representative for the player indicated earlier this week that the former Almeria and Fiorentina midfielder would prefer a move back to his native Brazil if he were to leave Turin this summer.