Lyon president Jean-Michel Aulas insists that Alexandre Lacazette will stay at the club, and that Arsenal have not made a bid for the player.
The 25-year-old has been linked with a big-money move to the Premier League this summer having impressed in Ligue 1.
Lacazette has scored 48 league goals in his last two seasons at Lyon, but Aulas confirmed that the player is happy at Lyon and that he is looking forward to their move to the Parc Olympique Lyonnais.
“I saw Arsene during France matches and he has not told me,” Aulas said in L’Equipe. “I don’t think it’s something and it seems Alex wants to spend this season with Lyon in the new stadium.
“He wants to know an adventure in the Champions League could be much better than last season. I think he will stay with us and we are very happy.”
West Ham made a £31million bid to sign the striker, but it was rejected by Aulas as he revealed in May.
“For a sale to be made, all three parties must agree. We have refused several offers, the most important from West Ham for 40m euros and we refused it,” Aulas told French daily Le Progres.
“It is an answer that says I want to keep him, but I’m not sure because ultimately it is he who will decide.
“I do not want on August 28, ahead of the Champions League, to find ourselves in the same situation as Monaco [who sold Anthony Martial to Manchester United last summer].
“Ideally, he will stay. If he has an offer that he can’t refuse then it will come through me, and that’s it.”