Arsenal boss Mikel Arteta is open to Alexandre Lacazette being handed a new contract.

The French forward is into the last year of his contract and has previously looked set to depart the Emirates on a free transfer next summer when his current deal expires.

The Athletic reports the Gunners are open to extending his five-year stay in north London and are keen to tie the Frenchman down on a short-term deal.

The club are reportedly looking to reach an agreement that doesn't require a lengthy contract and substantial wages as Arteta continues to embed youngsters into his Arsenal side currently in transition.

Lacazette is still recognised as an important figure at the club and Arsenal's staff are believed to have been impressed by the forward's dedication in training and desire to nail down a place in Arteta's first team despite the ongoing speculation regarding his future.