The Gunners are reportedly set to splash cash to land both Leicester City star and the Lyon striker as the club looks to strengthen their push for the Premier League title.
Riyad Mahrez
Arsenal are ready to launch a £75 million swoop for Leicester City star Riyad Mahrez and Lyon striker Alexandre Lacazette, according to the Daily Mirror.
Leicester striker Jamie Vardy turned down the Gunners' advances earlier this summer but Arsene Wenger's men are now looking to push through a deal for his team-mate Mahrez for £35m.
Alexandre Lacazette
And Wenger is also keen to lure Lacazette to the Emirates Stadium in an attempt to bolster his strike force ahead of a bid to land the Premier League title this season.
The report claims Lyon value Lacazette, who scored 23 goals in all competitions last season, at around £40m.