Atletico Madrid are ready to compete with English clubs for Lyon striker Alexandre Lacazette.

The Sun says the Spanish club have lined up Lacazette as Antoine Griezmann's replacement for when he does eventually jump ship.

Lacazette, 25, - who Atletico tried to sign in January of last year - has been told by Ligue 1 giants Lyon that he can leave the club.

But the La Liga club could face stiff competition from top English clubs for the Frenchman.

Arsenal and West Ham are among those said to be interested with the Gunners reportedly having a £29m bid rejected last summer.

But Lyon president Jean-Michel Aulas hinted he now open to cash in on the attacker.

He said: "We don't have to do anything, but as we have a squad valued at more than €170m, there will come a time when we have to cash in on that capital."