Arsenal will submit a third offer for Monaco forward Thomas Lemar worth £50million.
Having signed Alexandre Lacazette from Lyon, the Gunners are focusing on getting a deal for the France international over the line.
Arsenal have already had two offers, their latest worth £45m, rebuffed by the Ligue 1 club. Monaco have insisted Lemar is not for sale, but that has not stopped the north London club from trying to land the 21-year-old.
And Arsenal hope their latest gambit will be enough to finally land Lemar, with an agreement on personal terms likely to be a formality.
In theory, landing Lemar would open the door to Alexis Sanchez leaving the Emirates Stadium this summer.
However, the club are adamant Lemar is not a replacement for Sanchez, who manager Arsene Wenger insists will not leave under any circumstances this summer.
The Chilean is scheduled to return to pre-season training on Monday, where he will reiterate his intention to leave the club to Wenger.
Arsenal are not giving up hope that they can persuade Sanchez to sign a new contract.
However, reports claim there has been a breakdown in communication between the club and Sanchez’s advisors, with the prospect of the South American signing fresh terms looking bleaker than ever.
Sanchez’s deal expires at the end of next season, when he can leave Arsenal for nothing.
Manchester City and Paris Saint Germain want to sign Sanchez this summer, but Arsenal are adamant their star player will not be sold.
Arsenal have offered Sanchez a new contract worth £275,000-per-week, which would increase by up to 20 per cent, once the Gunners get back into the Champions League.
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