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Lyon rejects bid of $38.5 million for Lacazette from Arsenal

Sporting CP v Lyon - Friendly Match

LISBON, PORTUGAL - JULY 23: Lyon’s forward Alexandre Lacazette reacts during the Friendly match between Sporting CP and Lyon at Estadio Jose Alvalade on July 23, 2016 in Lisbon, Portugal. (Photo by Carlos Rodrigues/Getty Images)

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LYON, France (AP) Lyon has refused an offer of 35 million euros ($38.5 million) from Premier League side Arsenal for striker Alexandre Lacazette.

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Lyon says “Lacazette is irreplaceable and one of the main leaders” in coach Bruno Genesio’s team.

The 25-year-old Lacazette top-scored with 27 league goals in the French league two seasons ago - outscoring even Zlatan Ibrahimovic - and netted 21 last season.

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He is under contract at Lyon until 2019.

In a statement on its Twitter page, Lyon denied a local newspaper report saying it turned down a higher offer of 48 million ($52.9 million) from Arsenal.