Arsenal are close to agreeing a deal to sign Lyon striker Alexandre Lacazette.
The Gunners had a bid rejected for the France international, 26, but talks have progressed and will continue over the coming days.
Lacazette’s move is expected to be for a club-record fee, surpassing the £42.4m paid to Real Madrid for Mesut Ozil in 2013.
However, a deal for Monaco midfielder Thomas Lemar, 21, is less likely after a bid was turned down.
Meanwhile, Arsenal have not yet received any bids for 28-year-old Chile forward Alexis Sanchez, who told reporters on Friday that he has made a decision on his future.
Speaking before his country’s Confederations Cup final against Germany on Sunday, Sanchez told reporters: “I’m clear, but I still can not tell you.”
Sanchez only has a year left on his contract and Arsenal still hope he signs a new deal.
However, if he opts not to, the Gunners may be willing to sell him rather than letting him leave for free next summer.
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