Arsenal have had an offer of 35 million euros (£29.3million) for Lyon striker Alexandre Lacazette rejected by the French club.
Lyon also deny that the Gunners have tabled a new bid of 48 million euros (£40.2million) for the 25-year-old French international, who are they insist is not for sale.
"Arsenal made an offer of 35 million euros which Lyon didn't accept for one reason alone - we will keep Alexandre Lacazette," read a statement released by the club.
Source: PA-WIRE
