Club President Confirm Deal As Arsenal close to capturing $61.51m Goal Machine

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According to report making the round, Arsenal are lining up a bid of $61.51m (£48m) for Alexandre Lacazette in the event the Frenchman’s move to Athletico Madrid fails, according to JeunesFooteux.com.

Previous report suggested the 26-year-old has agreed to join the Spanish club this summer but it seems Wenger plans on hijacking the deal if he fails to move as he sees him as a possible replacement for Alexis Sanchez should he fail to renew his contract with the North London club.

Lyon president Jean-Michel Aulas is willing to do a deal with the Gunners if the La Liga club appeal to the Court of Arbitration for Sport fail to overturn the transfer ban placed on the club this summer.

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