Following years of prudence in the transfer market, Arsenal are showing signs of loosening the purse strings.

Arsenal have reportedly agreed a £44m deal with Lyon for Alexandre Lacazette.

The French striker follows Bosnian full-back Sead Kolašinac to the Emirates stadium, with the former Schalke defender signing on a free transfer last month.

ARSENAL are planning a £70million double raid on Sporting Lisbon for William Carvalho and Gelson Martins.

A Bola have run with the story of Arsenal's interest in the Sporting CP pair.

Adam Ounas va signer à Naples pour cinq ans — Foot Afrique Bordeaux
Son transfert va rapporter 10 millions d'euros au club aquitain plus 2 millions de bonus éventuels. Il a marqué 3 buts en 26 matchs la saison dernière et 5 buts en 23 matchs celle d'avant.

Midfielder Carvalho, who helped Portugal win Euro 2016, has been heavily linked with a move to the Premier League over the past two years.

While Portugal winger Martins enjoyed a stunning campaign at Sporting last term, scoring seven goals and providing 14 assists in his 44 appearances.

Portuguese sports daily A Bola recently reported an €80m offer from Arsenal for Sporting Lisbon duo Martins and William - but according to Portuguese outlet ZeroZero, it has been knocked back.

22-year-old Martins is also wanted by Liverpool, but Arsenal's potential move could put them in pole position to sign the winger.

Mesut Ozil and Alex Oxlade-Chamberlain's futures are still up in the air, as well, with both players out of contract in 12 months time.