Lacazette is a target for Arsenal but they will have to break their transer record to sign the France striker from Lyons

Lyons have put a £57 million price tag on Arsenal target Alexandre Lacazette and the club’s president says they hold an interest in signing Olivier Giroud.

Jean-Michel Aulas warned Arsenal that they would have to match the fee offered by Atletico Madrid before the Spanish club’s hopes of signing Lacazette were hit by a transfer ban preventing them from registering new players until January 2018.

Aulas added that he is keeping tabs on Giroud, who has suggested he could leave Arsenal this summer after becoming disillusioned with a lack of game time, as a potential replacement for Lacazette.

Lacazette scored 28 league goals and finished second to Edinson Cavani in the goalscoring charts in France last season. “Everyone knows that the offer from Atletico is