Arsenal hope to finalise a deal for Alexandre Lacazette early next week after entering advanced negotiations with Lyon for the striker.
According to RMC Sport, the Gunners have made a €55 million (£44m) bid for the Frenchman which looks to be acceptable to the club and president Jean-Michel Aulas.
The report claims the two clubs will now look to meet again next week to conclude the transfer, with Lacazette currently on holiday.
There is one word of caution, however, while Lacazette is believed to be keen on a move to Arsenal, he has not completely ruled out other clubs yet.
The striker had appeared to be close to a move to Atletico Madrid before the club failed to get their transfer embargo lifted, and previously insisted he only wanted a club in the Champions League.
Although Lacazette has subsequently softened his stance on that, Arsenal may well be wary, particularly having been close to a deal last summer, only to miss out on the Frenchman.
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Having scored 28 goals in 28 Ligue 1 starts last season, Lacazette looks to be reaching his prime and ready for a big move, with Arsenal seemingly favourites currently.
Despite this, Arsenal also continue to be linked with Kylian Mbappe, although that looks a difficult, and extremely expensive, deal to pull off.
Lacazette appears a much more realistic option and it seems now that they may be closing in on one of last season’s most prolific strikers in Europe.