​Lyon have offered Arsenal the chance to sign star forward Alexandre Lacazette for a fee of £21m, according to reports in the Telegraph.


The 24 year old is one of the most wanted strikers in Europe after a stellar campaign during which he scored 31 goals in all competitions.


Arsenal's interest could hinge on whether Theo Walcott signs a new contract with the England international desperate to be given chances up front.


A move for Lacazette, therefore, would further limit those chances with Olivier Giroud and Danny Welbeck already at the club and established as the Gunners' two first choice center forwards.


In what could be a shift in Arsene Wenger's tactical approach next season, Walcott started through the middle in Arsenal's 4-0 FA Cup final win over Aston Villa, scoring the opening goal.


A new deal has yet to be announced for Walcott, with his current contract set to expire in 2016, while Lacazette's runs until 2018.


Talks with Lyon over a new deal broke down after the Frenchman demanded an annual wage of £4.5m, according to the Telegraph, with his agent, David Venditelli, hinting at more lucrative offers elsewhere.


"The offers we've had from abroad are very significant in terms of finances," Venditelli said. "Ultimatums and media pressure won't change our demands, which OL are aware of."

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