Manager Mikel Arteta said last month that the Gunners were planning to discuss the 29-year-old's contract soon and would 'see what happens' from there.
However, according to 90min, Arsenal will consider offloading Lacazette before the start of next season, in a bid to raise funds to reinvest in the squad.
Lacazette has failed to nail down a regular starting place in Arteta's side this season and is now considering his options.
The Frenchman allegedly wants to be a central figure at a top European club and if he is not able to establish himself at the Emirates then he could force a move in the next transfer window.
Lacazette has made 35 appearances in all competitions so far this season, scoring 13 goals and providing three assists. body check tags ::