Arsenal was handed quite a blow to their summer transfer hopes, when both Lyon and Monaco rejected the club’s bid for Alexandre Lacazette and Thomas Lemar respectively.
The two players were at the top of the English club’s target list.
Lemar had an excellent season with Monaco, helping the club win the Ligue 1 for the first time in 17 years. His versatility as both a winger and a centre player has earned him praise from critics.
The 21-year-old made his debut for the French national team in November of last year and was included in the team’s starting lineup in their international friendly against England two weeks ago.
It is believed that Arsenal offered Monaco close to £30 million for the services of Lemar, but were eventually turned down.
As for Lacazette, it is not known exactly how much Arsenal offered him, but Lyon club president, Jean-Michel Aulas, said in an interview last week that the club would consider offers around the £50 million mark.
Lacazette previously said that he would only move to a club playing in the Champions League – something Arsenal failed to qualify for last season.
Lacazette was also tied to a move to Atletico Madrid.This deal fell through after Atletico was banned by FIFA from signing new players this season, after being found guilty of breaking international transfer rules for U-16 players.
Arsenal is reportedly still interested in another French player, Kylian Mbappe, although there has been no official word on a possible transfer deal.