As reported by Sky Sports, once the medical is complete, Lacazette will seal his move from Lyon, signing a five-year deal at the Emirates Stadium.
After his verbal agreement with Atletico Madrid fell through, it looks Arsene Wenger has completed the signing of his main transfer target, agreeing a club-record deal with Lyon which could rise to £52 million.
BREAKING: @LacazetteAlex having @Arsenal medical - Sky sources. #SSNHQ pic.twitter.com/7ZgdbKBuir
— Sky Sports News HQ (@SkySportsNewsHQ) 4 July 2017