Arsenal have opened talks with Montpellier for their star striker Olivier Giroud.
The Daily Mail says Montpellier owner Louis Nicollin rates Giroud, 25, at ã50million but it is understood he has a ã12.8m release clause.
Wenger could use Marouane Chamakh as a make weight in any deal.
Giroud scored 26 times as Montpellier won Ligue 1 but seems certain to leave after Euro 2012. He has already spoken with Bayern Munich.