Lyon president Jean Michel Aulas insists there's been no word from Arsenal over a bid for Alexandre Lacazette.
Aulas says the striker will not be leaving the club.
"I saw Arsene [Wenger] during France matches and he has not told me," Aulas said in L'Equipe.
"I don't think it's something and it seems Alex wants to spend this season with Lyon in the new stadium.
"He wants to know an adventure in the Champions League could be much better than last season. I think he will stay with us and we are very happy."