Arsenal have reportedly decided that they are willing to accept bids of £7m for forward Lucas Perez.

The Spaniard cost £17.1m when Arsenal signed him from Deportivo La Coruna in 2016, but the 29-year-old was loaned back to his former club last summer after falling out of favour with Arsene Wenger.

Unai Emery has now replaced Wenger in the dugout at the North London outfit, but it appears that the Gunners are happy to part ways with the player before the end of the summer window.

Lazio have been linked with an approach for Perez, and according to Corriere di Roma, the Italian giants have been informed that an offer of £7m will be enough to push through a deal.

Perez still has two years remaining on his contract, but Arsenal could be keen to recoup some of the money that they have already shelled out since the end of last season.