Last month, Arsenal had an opening bid of £39million turned down by the Ligue 1 club, but it appears significant progress has been made since then between the two clubs.
Aulas has now confirmed that the Gunners have agreed to pay £44million for the French striker, meaning he would become Arsenal’s new club record signing.
Aulas told French publication Le Progres:
“Alexandre Lacazette’s transfer to Arsenal could be actioned within the next day or two.
“The figure reported by the English media of around €67m (including €12m in add-ons) is impossible and not realistic. Arsenal’s first offer was around €45m, the transfer will be concluded in the range of €45m to €50m.
“It constitutes, without doubt, a record transfer fee for Arsenal, [sic] and for Lyon of course!”
Lacazette did previously state that he would only leave Lyon for a club competing in the Champions League, but it seems the 26-year-old has since softened his stance on the matter.
It was reported that the France international verbally agreed to join Atletico Madrid this summer, but the move fell through due to the La Liga club being banned from registering new players during this transfer window.
Lacazette scored 37 goals in 45 appearances and boasts the highest chance conversion rate in Europe’s top five leagues last season with 38.9%.
With Lacazette on his way to the Emirates, it will no doubt increase speculation that Alexis Sanchez could be going the other way, with the Chilean confirming last week that he has made a decision on his future.