Arsenal have been quoted a fee of €55 million (£48.7 million) plus €12 million (£10.6 million) in add-ons to sign Alexandre Lacazette this summer.

Fresh talks have already taken place between Arsenal and Lacazette’s current club, Lyon, over the future of the 26-year-old striker who is poised to start for France in Tuesday night’s friendly against England in Paris. The forward is, therefore, emerging as a firm target for Arsenal manager Arsène Wenger, who tried to sign him last year.

Against England Lacazette will play alongside Kylian Mbappé, who has also been the subject of interest from Arsenal. The Premier League club have already indicated to Monaco that they are prepared to pay €100 million (£88.5 million) for the 18-year-old, which has been rejected.

However, Arsenal have not yet given up hope of signing Mbappé despite strong opposition from other clubs led by Real Madrid who have offered even more – €120 million (£106.2 million) – although the deal is structured differently from Arsenal’s with less cash up front. Wenger, who held talks with Mbappé’s family last year, has also tried to convince the player that he will have more first-team chances at Arsenal.

Even so, Monaco expect to keep Mbappé for at least one more season – if they can get him to agree a new contract – and will resist all offers for another player Arsenal are interested in, midfielder Thomas Lemar, because they will not let both him and Tiemoué Bakayoko go in the same summer.