Lyon president Jean-Michel Aulas has insisted that Alexandre Lacazette will remain at the club this season, despite being linked to Arsenal.
The Gunners are believed to be keen to recruit a new forward, but failed earlier this summer when they tried to lure Jamie Vardy from Leicester City.
Arsenal had a £29.3m bid for Lacazette rejected by the French club in July, which is less than half of Lyon's rumoured £60m asking price.
According to the London Evening Standard, when asked about the striker's future, Aulas said: "Lacazette will stay with us."
The 25-year-old scored five goals in his first two games of the season.