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Arsenal have no plans of renewing the contract of Alexandre Lacazette beyond the current campaign, 90 min reports.
The Frenchman is currently in his fifth season with the Gunners, and he appears set to leave the club in the summer.
The Gunners' hierarchy were previously open to an extension for the striker, but are now looking into the future without him.
Lacazette recently said that his agent is in negotiations. Lyon are one of the clubs interested in securing his services next season.
The 30-year-old graduated through the youth ranks of the French outfit before making over 270 appearances in all competitions.
Les Gones have been in regular contact with him over a free transfer, but there is bound to be competition from several other sides.
Atletico Madrid are long-term admirers of his services. They failed to sign him before his Gunners move in 2017, but he remains an option.
Diego Simeone is a huge admirer of his talents, and has identified Lacazette as a potential replacement for Luis Suarez this summer.
Written by Sri Aswin
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