Arsenal have been consistently linked with a move for the Parma star, however The Gunners will have to battle it out with a number of sides if they are to secure his signature.
Highbury boss Arsene Wenger brought in German international Jens Lehmann at the start of the season to replace David Seaman, however his displays have often been inconsistent.
Payan confirmed three of the interested parties are based in England, but as yet the clubs' names are not being confirmed in order to respect their current squad members.
"At the moment, I'm in talks with seven major teams in Europe for Sebastien Frey - three are in England," said Payan.
"The English press are saying 'talks are closed with Arsenal', but I think it's a tactic to establish my contact.
"Currently, the seven teams want to remain undisclosed to respect the current goalkeepers at their clubs."
