The Gunners are in the transfer market for an attacking reinforcement following the injury blow to Bukayo Saka .

Athletic Bilbao's Nico Williams has been heavily linked with the Gunners, but a deal is unlikely on the cards this winter.

Bilbao want his €60 million to be paid in full. The London giants are unlikely to afford the package in the current window.

Instead, the club are looking into a loan deal for Lee with an option to purchase at the end of the ongoing campaign.

The 23-year-old only joined PSG last year, but he has opened the door to secure a new challenge in the coming weeks.

PSG want at least €44m to contemplate his exit, but Arsenal plan to propose a loan deal with a buy clause for the same value.

Arsenal have been closely monitoring Lee from his time at Mallorca. He has eight goal contributions in Ligue 1 this term.

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