Lyon president Jean-Michel Aulas admits “Arsenal are ready to pay” for Alexandre Lacazette, but Atletico Madrid remain keen.
The Gunners have been tracking the France international for many years, with a window of opportunity finally opening up for them.
They are, however, about to enter a season without Champions League football and would need to dig deep to land a player valued at over £46 million.
He told L’Equipe: “I do not intend to sell Alexandre quickly, because there is always the option of Atletico Madrid to signing him on January 1, 2018. I also listen to what Alexandre says.
“I saw Arsene during the match between France and England. I was with Gerard Houllier [Lyon advisor] and I understand he [Wenger] told Gerard that there could be an interest from Arsenal.
“But it is premature to say that things will be done. We cannot let a player of that quality go without his replacement. We are talking about €50m [£43.7m] to €60m [£52.5m].
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