Lyon have told Arsenal to pay £40million plus bonuses if they want to sign Lacazette

Lyon have told Arsenal to pay £40million plus bonuses if they want to seal the transfer of Alexandre Lacazette, reports say.

The Ligue 1 side told the Gunners to cough up the big fee before Arsene Wenger’s relatively paltry bid of £29million for the 25-year-old.

Lyon confirmed they had flatly rejected and described him as ‘irreplaceable’.

However, they will do business at £40m, according to the Mirror.

Wenger is determined to sign a striker this summer after missing out on top targets Jamie Vardy and Gonzalo Higuain.

The Arsenal boss is determined to add a new forward to compete with Olivier Giroud this season.

And Lacazette remains firmly on his radar.