Here is Thursday’s news and gossip concerning Arsenal:
That fee would make him the club’s most expensive player, eclipsing the £42.5m spent on Mesut Ozil.
As well as the Frenchman, Arsene Wenger wants another player from the Bernabeu to join his side this summer, the Metro report.
The Gunners boss has reportedly instructed the board to get a deal done for winger Denis Cheryshev, who may cost £15.3m.
Arsenal have suffered a major setback ahead of the new season, after the Metro reported that Jack Wilshere had suffered a hairline fracture to his ankle.
The midfielder is set to miss as much as two months with this latest problem.
Reports in France are claiming that Lyon forward and Arsenal target Alexandre Lacazette is set to sign a new deal with the Ligue 1 side, the Daily Express report.
The 24-year-old had reportedly been told that he was free to leave this summer, but it now appears that he will remain with the club.
Finally, ITV report that West Brom are closing in on the signing of Serge Gnabry, who will move to the Hawthorns on a season-long loan.