Arsenal agree financial terms with Lyon star Alexandre Lacazette

Arsenal have agreed personal terms with Lyon striker Alexandre Lacazette and are currently waiting to agree a fee with the French club, who have already rejected a bid for the striker. The Gunners are in the market for a centre-forward and Arsene Wenger has earmarked the Frenchman as the man to alleviate their problems up front.

According to French Publication Le 10 Sport, Lacazette has agreed a move to the Emirates Stadium and both parties are currently waiting to come to a conclusion over a fee with Lyon in the next few days. The Telegraph reported at the weekend that the Gunners are set to launch a new, improved bid of £35m ($47m) to lure Wenger's compatriot to the north London club.

Lyon value Lacazette at around £40m ($53m), but the Gunners are still waiting to see if the Ligue 1 club can be forced to lower their valuation of the player. Meanwhile, Lyon president Jean-Michel Aulas has stated that they have no plans of selling the strikerthis summer and are planning to build a team which can challenge for the title. Lacazette scored 48 goals in the last two seasons with Lyon and signed a long-term deal in August 2015.

"I guarantee you that Lacazette has not (asked us to leave)," Aulas was quoted saying in L'equipe, after the striker scored a goal in the pre-season 3-2 victory over Benfica. "He has rarely been in such a good shape at the start of a season. He is strong mentally.

"He has seen that (teammate) Corentin Tolisso has stayed partly for him and to show him that he has to stay. However, we are trying to find a solution to make him realise that he is a very important player for us, if not the most important. We know how to do that. Anyway, for me, the subject is closed," he said.