The 21-year-old Chelsea forward has reportedly signed a £17.5 million transfer deal with Ligue 1 club Lyon.
Arsenal are reportedly confident of landing Alexandre Lacazette from Lyon this summer in a club-record £44 million deal.
Arsene Wenger will reportedly spend big this summer as the Gunners are willing to spend a massive £62 million to lure Lyon striker Alexandre Lacazette this summer
Manchester United have reportedly set their sights on Alexandre Lacazette and are set to battle Arsenal for the Lyon striker in the summer.
West Ham have emerged as shock suitors for out of favour Arsenal forward Olivier Giroud.
Arsenal will have to pay £55 million to sign Lyon's French talisman Alexandre Lacazette in the summer.
Manchester United have reportedly shifted their interest towards Alexandre Lacazette and are looking to sign the Arsenal target in a £50 million deal.
Chelsea could be willing to sell Kurt Zouma in order to increase their chances Lyon midfielder Corentin Tolisso.
Arsenal are set to miss out on Alexandre Lacazette as he is expected to join forces with Atletico Madrid in the summer.
Lyon have a momentous task at hand as they host Ajax on Thursday in the second leg of the semi-finals of the UEFA Europa League.