Chelsea and Arsenal are spending today trying to rescue a deal for Olivier Giroud.

L'Equipe says Giroud shook hands on personal terms with Chelsea on Monday, which was followed by Arsenal the agreement of a fee of just over £15million for the signing.

However, Chelsea reportedly believed that Arsenal took too long in accepting the offer, meaning the Blues took the proposal off the table, leaving Giroud in the dark over his future.

The same report claims that Arsenal and Chelsea remain in renewed discussions over Giroud.

Borussia Dortmund are interested in the France international's signature, in what could become something of a swap deal with Arsenal for Pierre Emerick Aubameyang.

But Monaco are also reportedly interested.

Giroud is said to want to remain in London, making Chelsea the preferable option, says the Mirror.