Arsenal are on the brink of signing Alexandre Lacazette from Lyon for upwards of €50 million.

Lacazette is expected to travel to London on Monday to finalise the deal, which is set to eclipse the £42m Arsenal paid for Mesut Ozil in 2013.

"The deal will happen for something between €45 and €50 million. To be close to €50m is something unique, and will be a record for Arsenal and a record for Lyon," Jean-Michele Aulas said.

Lacazette was previously expected to join Atletico Madrid.