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Arsenal Transfer News: Latest Rumours on Alexandre Lacazette and David Ospina

Arsenal could miss the chance to sign Alexandre Lacazette, with Lyon reportedly prepared to sell the Gunners target to Ligue 1 rivals Paris Saint-Germain.

It means Arsenal could be left disappointed in their pursuit of a striker the north London club has been told will cost as much as £60 million. The Gunners could stay in the race and lower the cost by offering centre-forward Olivier Giroud in a swap, per reports in France.

However, the words of Lyon president Jean-Michel Aulas will have Arsenal concerned. Aulas told France Football (h/t James Benge of the London Evening Standard) he is open to selling his best player to a domestic rival:

"I know [PSG chairman] Nasser [Al-Khelaifi] suggested to Noel Le Graet [French Football Federation president] that he is not investing that much in French players because he thought other presidents of French clubs looked badly upon it

I want him to know that if he makes an offer for Alexandre at least equal to that of the other clubs bidding for him, then Alex can go to Paris without problem.