The French forward has reportedly attracted interest from Barcelona who are looking to add to their squad for next season.
Atletico look resigned to losing the services of Griezmann who has a release clause of £88million which will come into effect on July 1.
The 26-year-old joined Arsenal from Lyon last summer. Yet despite the fact that he has managed to score nine goals in 26 Premier League appearances thus far, the arrival of Pierre-Emerick Aubameyang from Dortmund in January has cast doubt over Lacazette’s future at Arsenal.
However, with the transfer ban lifted and Griezmann’s departure from Atletico likely this summer, Lacazette may have another chance of joining the Spanish giants.