Arsenal are reportedly readying an improved offer for Houssem Aouar, who is “ready to join Arsenal”.
The Frenchman remains one of Mikel Arteta’s top targets, along with Atletico Madrid’s Thomas Partey.
Lyon have already rejected a player-plus-cash offer for Aouar including Matteo Gunedouzi.
Fabrizio Romano has confirmed that Arsenal will return with an improved offer, as long as they can raise funds through player sales.
“Obviously the club that is working to sign Aouar is Arsenal,” Romano said on the Here We Go podcast.
“We have to say that Arsenal are convinced that if they could sell some players, and they have many in [Sead] Kolasinac, Sokratis [Papastathopoulos] and [Lucas] Torreira, many players to sell or loan out in the last two weeks, they can try again for Aouar.
“Lyon are asking for €60million, so it’s complicated but the player would be ready to join the Premier League, would be ready to join Arsenal.
“The player would like to come to the Premier League and to join Arsenal but for now there are no negotiations.
“In July they offered Guendouzi as part of the deal and they didn’t find an agreement.
“Now it’s up to Arsenal if they sell players, I am convinced [they will bid again].”
Torreira has reportedly agreed personal terms with Atletico over a potential move, having told Arsenal he wants to leave.
But the La Liga club are adamant the Uruguayan will not be used as a makeweight in Arsenal’s bid to land Partey.