Toulouse have slapped a £12 million price-tag on Arsenal target Andre-Pierre Gignac.

The Daily Mail says Arsene Wenger will have to pay around £12million to prise France striker Gignac away from Toulouse.

The Arsenal manager has placed Gignac at the top of a striking wish list that also includes Bordeaux's Marouane Chamakh and Inter's Mario Balotelli.

Bordeaux insist they have no intention of selling Chamakh in the new year, even though he becomes a free agent at the end of the season, and Gignac could prove almost as difficult to dislodge from Toulouse.