The Gunners are keen to reinforce their midfield and the 23 year old has impressed for Lyon.
Reports in the French press suggest Arsenal have asked how much Lyon, who are in need of money, want for the 23 year old.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.