Arsenal are looking to land highly-rated Montpellier striker Olivier Giroud with a £6.4m cash plus player swap deal, according to reports.
Giroud has had a superb season in France, after scoring 21 goals in 36 games to guide Montpellier to an unlikely Ligue 1 title last season.
The 25-year-old is also attracting interest from Liverpool, Aston Villa and Newcastle, but Arsenal are thought to be leading the race and will look to land the player on the cheap by including Marouance Chamakh in the deal.
Chamakh is almost certain to leave the Emirates this summer after falling out-of-favour last season. The Moroccan only made 19 appearances and scored just 1 goal, and Arsene Wenger is thought to be ready to sell the striker if a buyer can be found.
His plan is to use him as bait to land Giroud for just £6.4m, and take advantage of the fact the 25-year-old has a buy-out clause of just £12.8m.
However, Montpellier only value Chamakh at around £3m meaning Arsenal will have to increase their cash offer to nearer £9m if they are to persuade the French champions in to a deal.