French side Lyon have confirmed they have rejected an offer of €35m (£29.3m) from Arsenal for striker Alexandre Lacazette.
The 25-year-old has been highlighted by the north London side as a primary transfer target after missing out on Leicester City’s Jamie Vardy.
French newspaper Le Progres reported this morning that Lyon have recieved a €48m offer from Arsenal for Lacazette, the France international who has scored 72 goals in 173 appearances.
“The club is disappointed that Le Progres didn’t go to the effort of contacting us before publishing false information, which creates confusion on the day the club is publishing its annual figures.
“The reality is that Arsenal made a €35million bid, which Olympique Lyonnais turned down for one reason: l’OL will keep Alexandre Lacazette, who is irreplaceable and who is one of the main leaders in Bruno Genesio’s squad.”