Lyon sporting director Juninho has denied reports of Arsenal making an offer for Houssem Aouar.
The attacking midfielder is a key target for Mikel Arteta's Gunners.
Reports in France suggested they had made a 40 million euro offer.
But Juninho has played down that speculation.
He Telefoot Chaine: "For now, there is nothing for these players.
"We have not received anything for Houssem, we have not received anything for Memphis [Depay - linked to Barcelona]."
