Arsenal have reportedly dropped their interest in AS Monaco attacker Thomas Lemar after being consistently knocked back with offers for the in-demand France international.

The 21-year-old scored 14 times and registered 14 assists in all competitions last season as Monaco secured their first Ligue 1 title since 2000, in addition to reaching the semi-finals of the Champions League.

The attacker is under contract with his principality club until the summer of 2020, meanwhile, and it is understood that Monaco have already rejected at least two separate bids from Arsenal.

According to the Daily Mail, Arsenal believe that Monaco will not sell Lemar until next summer, and the Gunners have therefore ended their interest as head coach Arsene Wenger turns his attention to trimming the club's wage bill.

Arsenal opened their 2017-18 Premier League campaign with a 4-3 win over Leicester City on Friday night.