Jean-Michel Aulas France reports president and Arsenal Jean-Michel Aulas France

Lyon confirm Arsenal have made Houssem Aouar transfer bid and respond to "agreement" claim

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Lyon president Jean-Michel Aulas has confirmed Arsenal have made an offer for Houssem Aouar - but says the Gunners' bid is nowhere near close enough to his valuation.

The OL chief also played down reports the French 22-year-old has agreed terms with the north London club in a deal worth £32million.

Aulas added that he expects Aouar to remain a Lyon player for the foreseeable future, feature against Lorient on Sunday, and be a part of the squad all season.

Aulas took to Twitter on Saturday morning to set the story straight: "At Lyon there will be very few departures: for Houssem, Arsenal is much too far from his value: we count on him to make a big game in Lorient and lead OL in Champions League next year." Get the latest transfer news

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