Arsenal are thought to have agreed a £13 million transfer fee with Montpellier for striker Olivier Giroud, according to Mirror Football.
The tall marksman is on international duty with France currently, but did not feature for Les Bleus against England on Monday night.
After leading Montpellier to an unexpected Ligue 1 triumph last term, Giroud has been in the limelight, with a number of English and European clubs interested in prying him away from the French champions.
Although the club’s owner has stated in the past that Giroud was worth £50 million, it is believed that the forward has a £12.8 million release clause in his contract.
Arsenal are thought to be eager to strengthen their squad this summer and have already confirmed a deal to bring Germany international attacker Lukas Podolski to the Emirates Stadium.
However, with Robin van Persie stalling on signing a new contract and with only 12 months left on his current deal, Arsene Wenger is looking to bring in striking options to aid the side should their current skipper opt to leave.
The Gunners are thought to have met Giroud’s release clause and will now discuss personal terms with the frontman after Euro 2012.
By Gareth McKnight