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Title : Arsenal will reportedly spend £80 million on 2 major signings this week
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Arsenal will reportedly spend £80 million on 2 major signings this week

Arsenal is reportedly on the cusp of announcing two major transfers this week.

The Gunners look set to spend £80 million ($104 million) on Leicester City attacking midfielder Riyad Mahrez and Olympique Lyonnais striker Alexandre Lacazette.

Italian publication Calcio Mercatosaid the Mahrez "transfer will soon be announced." British tabloid The Sun said Arsenal will pay £35 million for the France-born Algeria international.

Lacazette, meanwhile, could cost between €45 million and €50 million (£39.5 million and £44 million).

The Lyon goalscorer has been monitored by Arsenal manager Arsène Wenger for a number of seasons and it appears he may finally succeed in signing the 26-year-old.

Lyon president Jean-Michel Aulas told Le Progress that Arsenal could complete the Lacazette deal in "one or two days."

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