Arsene Wenger is reportedly stepping up his efforts as he looks to add another attacking option to his squad before the beginning of the new campaign.
The Arsenal manager has admitted in recent press-conferences that he is still keen on doing more business in the transfer market following the acquisitions of Sead Kolasinac and Alexandre Lacazette.
Wenger is believed to be very much interested in signing Thomas Lemar from AS Monaco who has attracted several big clubs around Europe following an impressive 2016/17 season.
The Daily Mail are claiming that Arsenal are now preparing to make a third offer for the midfielder with hopes of finally reaching an agreement with Monaco.
Two bids submitted by the Gunners have already been turned down by the Ligue 1 champions who have sold the likes of Tiemoué Bakayoko and Benjamin Mendy to Premier League rivals Chelsea and Manchester City respectively.
The new report is suggesting that Arsenal will make a substantial offer in the region of €55.9 million (£50 million) for the 21-year-old star.
Rumours on Tuesday claimed that Lemar, who is yet to sign a new contract which was offered by Monaco, had already agreed personal terms with Arsenal.