The Greek central defender is currently on loan at Le Championnat side Lille and his performances have alerted a number of clubs.
Tavlaridis is on loan at Lille until the end of the season and it appears Arsenal are willing to listen to offers for the player.
Lille are keen to make his move permanent, but the player's agent Clive Hart has revealed that a number of English and French clubs have expressed an interest in signing him.
"Tavlaridis has been superb since he has went to Lille and he is attracting a lot of interest," Hart told skysports.com.
"He has been unlucky at Arsenal as I think if he had been at any other side he would have got regular first team football."
"Arsenal are ready to listen to offers for him and myself and (Vice-chairman) David Dein have been working on a deal for him.
"Lille are very keen on signing him, but there is also three other French clubs who are after him.
"There is interest in England as well with one of the newly promoted clubs keen on him as well as one of the clubs just relegated from The Premiership."