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Llorente's presence will allow Antonio Conte to experiment with tactics this summer. He can keep the 3-5-2 that made his team the class of Italy in place, or he can do a few things different.
In the last few games of 20121-13 season, fans started seeing a 3-5-1-1 formation with Mirko Vucinic as the lone striker and Claudio Marchisio playing in the hole. It was probably more a way of getting Paul Pogba into the midfield than anything else, but it was also a good experiment for how Juve may be able to incorporate Llorente. Better as a lone striker than one of a pair, it would allow Carlos Tevez, Vucinic, or even Sebastian Giovinco playing in the hole with Marchisio moving back to his normal midfield position.
Another option would be the 4-3-3 that Conte used at the very beginning of his tenure with Juve. It would keep the MVP midfield intact, allow Stephan Lichtsteiner to play his more natural right-back position and shift Vucinic to the left wing, where he has proven very effective in his career. The downside would be that it wouldn't allow Llorente and Tevez to play together.
ESPNFC blogger Mina Rzouki wrote in a recent post that Conte has also been toying with an old-timey 3-3-4 formation in preseason training. The formation was used by teams like Herbert Champman's Arsenal sides in the 1920s and '30s and Tottenham Hotspur in the 1960s.
The formation has its advantages and disadvantages. The attacking potential would be phenomenal, allowing Llorente, Tevez and Vucinic to all be on the field together with Vucinic on the left wing. The wingers would have to track back to try to win the ball and help cover defensively, and the midfielders would have to be able to run forever—not necessarily something you want Andrea Pirlo to be doing on a regluar basis.
Great pressure would be put on the defense and midfield, and there would be questions about wing coverage. It would also likely force the dynamic defensive presence of Lichtsteiner off the field. There's also a question as to whether or not the team has the correct wingers on the roster to fulfill the duties the formation imposes on them.
Still, it's an option—one of the wealth that Conte now has at his disposal with Llorente in the fold.