Arsenal are set to trigger the £34 million release clause of Lyon striker Alexandre Lacazette, according to the Telegraph.
The North London club are desperate to sign a proven goal scorer in the transfer window and have already failed in their attempt to sign Leicester City striker Jamie Vardy.
The report claims that the Gunners are yet to place a formal bid for the 25-year-old, who has already turned down an opportunity to join West Ham United this summer.
Arsenal manager Arsene Wenger reportedly sounded out Lacazette’s representatives while covering the France’s Euro 2016 match against the Republic of Ireland in Lyon as a television commentator.
Arsenal are also interested in signing Borussia Dortmund centre-back Neven Subotic, according to Italian newspaper Il Messaggero (via Sport Bild).
The Serbian recently declared in a Facebook post that he wants to leave the Bundesliga club after losing his spot in Thomas Tuchel’s side last season.
The 27-year-old, who has spent eight seasons with Dortmund, is also a transfer target of Liverpool. Reds manager Jurgen Klopp rates the player from his days at Dortmund and wants to bring him to Anfield.