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That’s according to Transfer Market Web amid claims the French champions are unwilling to let the midfielder quit Stade Louis II.
Lemar was one of Monaco’s top performers last season as they wrestled the Ligue 1 trophy from Paris St-Germain’s grasp.
And he’s watched a cluster of team-mates move on to pastures new this summer, with Tiemoue Bakayoko, Bernardo Silva and Benjamin Mendy coming to England.
Reports have suggested Monaco will resist all attempts to prise Lemar away having already lost three key members of Leonardo Jardim’s squad.
However, Starsport understands they are ready to do business at £55m.
And Transfer Market Web indicate Arsenal are still working hard to sign Lemar.
Arsene Wenger brought his compatriot Alexandre Lacazette to London earlier this month.
And it seems he’s prepared to go the distance as he looks to get Lemar on-board.
Meanwhile, Arsenal have won three and lost one of their pre-season fixtures this summer.
Next up for Wenger’s men are Emirates Cup ties against Benfica and Sevilla this coming weekend.