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Arsenal are aiming to overhaul their attack as Arsene Wenger aims to land a first Premier League title since 2004.
The Gunners have spent the past 13 years well behind the likes of Manchester United, Manchester City and Chelsea when it comes to recruitment.
However, Wenger has already shown a statement of intent by splashing out £52million on Alexandre Lacazette, who arrived from Lyon.
Express Sport understands Arsenal are also keen on Southampton star Virgil van Dijk, while Leicester’s Riyad Mahrez and Real Madrid’s Karim Benzema have been mentioned as potential targets.
Lemar, however, is one player definitely on Arsene Wenger’s shopping list.
The France international scored 14 goals from 55 games as Leonardo Jardim’s side pipped Paris Saint-Germain to the Ligue 1 title last term.
And Transfer Market Web claim Arsenal remain in talks for the 21-year-old.
It is said they are working hard in order to strike a deal with Monaco, though acknowledge Jardim is reluctant to let another player go.
Monaco have lost Bernardo Silva and Benjamin Mendy to Pep Guardiola’s free-spending Manchester City.
And they also saw Tiemoue Bakayoko depart for a new challenge with Chelsea.
It could be a case of one in, one out at Arsenal with Alexis Sanchez’s future up in the air.
The Chile international is being tracked by Manchester City, Paris Saint-Germain and Bayern Munich and, with his contract expiring next summer, a transfer away from north London could be on the cards.