Arsenal have reportedly been informed that it will take an offer of £60m to sign Lyon striker Alexandre Lacazette.

The Gunners are believed to be in the market for a new forward after failing to finish in the top four of the Premier League table, and are known to hold an interest in Lacazette.

However, according to The Telegraph, they will have to break their current transfer record if they want to bring the 26-year-old to the Emirates Stadium.

Up until recently, Lacazette had been expected to join Atletico Madrid but their transfer ban has resulted in other clubs looking to take advantage of their current plight.

During his time at Lyon, Lacazette has scored a total of 119 goals from 248 appearances in all competitions, including 36 coming during this season.

Arsenal midfielder Alex Oxlade-Chamberlain has talked up the potential arrival of Lacazette ahead of the next campaign.