Lyon president Jean-Michel Aulas says Arsenal are free to sign Alexandre Lacazette - but he wants Olivier Giroud in part-exchange.
According to Le10 Sport , the OL president wants to take Giroud back to France, aware that the striker is set to see his game time reduce at the Emirates next season.
Lacazette had been due to join Atletico Madrid, but that deal has all but fallen through due to their transfer ban.
Now with the Gunners eyeing a move for the France striker, Aulas will look to take Giroud back to France - but faces a battle to persuade him to return to Ligue 1.
Top stories from today's Daily Mirror
Tottenham have identified Porto's Ricardo Pereira as the man they want to replace Kyle Walker, with Manchester City set to move for the England right-back this week — and willing to pay over £40million to get him.
Spurs also want a striker, an attacking midfielder and a winger, with Demarai Gray of Leicester and Schalke's Max Meyer among their targets.
Everton's capture of Jordan Pickford could kick off a £150m summer revolution at Goodison. They are also after Ajax midfielder Davy Klaassen, Malaga striker Sandro, Swansea midfielder Gylfi Sigurdsson and Burnley defender Michael Keane PLUS another striker — Burnley's Andre Gray, Chris Wood of Leeds and Bournemouth's Josh King are on their list.
Burnley are keen on Hull's Scotland left-back Andrew Robertson — but he's hoping Liverpool come back in for him.
Dusan Tadic's Southampton future is in doubt. The forward is on Liverpool's radar and is believed to have a £13million release clause in his contract.
Gossip from other newspapers and websites
West Brom have begun talks to sign former Chelsea and England captain John Terry(Sky Sports)
Manchester United's England defender Chris Smalling will be sold this summer, with West Ham, West Brom and Everton interested in the 27-year-old. (Telegraph)
Smalling has also changed agent as he looks to secure a move elsewhere (Manchester Evening News)