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Arsenal prepare significantly increased Houssem Aouar bid

Aouar is wanted by Arsenal (Picture: Soccrates/Getty)

Arsenal are reportedly preparing a significantly improved bid for Lyon midfielder Houssem Aouar after their official approach was knocked back.

Gunners boss Mikel Arteta has made the French midfielder his priority transfer target and Arsenal chiefs are determined to deliver him to their manager.

Aouar is believed to be interested in a move to the Emirates but so far Lyon have rejected their advances.

A £32million bid was flatly turned down by the Ligue 1 side but now Arsenal are ready to up the ante.

According to Football.London, Arsenal will offer £36.5m up front, with a further £9m in potential add-ons.

They are hopeful that will be enough to convince Lyon to part ways with Aouar, who played a vital role in their run to the Champions League semi-final last season.

Arteta is trying to sign Aouar (Picture: Getty)

Lyon president Jean-Michel Aulas indicated he would be willing to sell Aouar for the right price on Saturday but suggested Arsenal were some way short of their valuation.

‘There will be very few departures,’ Aulas said.

‘For Houssem, Arsenal are too far from his value: we are counting on…