Alexandre Lacazette could reportedly be offered the chance to sign a new one-year contract at Arsenal with the option of a further 12 months.
The Frenchman has been an important player for the Gunners during the 2021-22 campaign, making 29 appearances in all competitions, contributing six goals and eight assists in the process.
Lacazette's current deal at the Emirates Stadium is due to expire at the end of June, though, and there have not recently been any indications that he will be penning an extension.
According to L'Equipe, Mikel Arteta's side are keen to keep hold of the experienced forward, who is believed to be a target for former club Lyon and La Liga giants Barcelona.
The report claims that Arsenal could offer a new one-year contract with the option of a further 12 months, although it is believed that Lacazette wants a longer-term deal.
The striker has scored 71 goals and registered 36 assists in 199 appearances for the Gunners since making the move from Lyon in July 2017.
Arsenal are likely to move for a new forward this summer even if Lacazette remains at the club, with Inter Milan's Lautaro Martinez thought to be a target for the capital giants.