Alexandre Lacazette's agent has reportedly held talks with Arsenal after learning of interest in the striker from La Liga.
The French striker has been touted as a possible target for Atletico Madrid and Barcelona after scoring 36 times for the Gunners over the last two seasons.
Arsenal boss Unai Emery needs to sell players if he is to raise funds to strengthen other areas of his squad, but Lacazette is not one of the players he is looking to offload.
Amid the speculation surrounding the 28-year-old's future, Yahoo! Sport France suggests that his representative has sat down with Arsenal chiefs to discuss the interest from Spain.
It is unclear whether Lacazette would welcome a move to Atletico or Barcelona and neither team are believed to have made an approach so far.