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Bad news for Arsenal as club president goes public amid rumours Gunners want to sign world class striker


Lyon president Jean-Michel Aulas says he is open to sell striker Alexandre Lacazette to a Ligue 1 rival as that would mean reinvesting money in French football.

The 26-year-old is a target for a number of European clubs including Arsenal but Aulas declared he would not refuse to sell to Paris Saint-Germain's chairman and chief executive officer Nasser Al-Khelaifi.

The Frenchman was very close to joining Atletico Madrid but the transfer collapsed after the Court of Arbitration for Sport has upheld FIFA's transfer ban.

"I know Nasser suggested to Noel Le Graet [president of the French Football Federation] that he is not investing that much in French players because he thought other presidents of French clubs looked badly upon it," Aulas is quoted as saying by ESPN.

"I want him to know that if he makes an offer for Alexandre at least equal to that of the other clubs bidding for him, then Alex can go to Paris without problem.

"I am a businessman and a modern club president. Transfer money must be reinvested into French football, as I always did when we were at the peak of our powers.

"When transfer money is shared abroad, it strengthens our competitors instead."

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Alexandre Lacazette, Jean-Michel Aulas