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According to reports from the Evening Standard, Arsenal are planning a second bid for Monaco youngster Kylian Mbappe or Lyon striker Alexandre Lacazzette.
Reports suggest Arsene Wenger is set to use Olivier Giroud as bait to seal a deal for either of the star players.
The same article states that Arsenal rubbished reports suggesting that a £87m offer was made for Mbappe earlier this month, but the Evening Standard claims that a second bid is on the table.
According to the report, Arsenal manager Wenger is confident that his ties with French football and specifically Monaco will give the north London side the edge in the race to sign Mbappe.
The teenager scored 15 times in 29 games in the 2016-17 season to help Monaco beat Paris Saint-Germain to the Ligue 1 title.