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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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.