Arsenal have been dealt a transfer blow as Atletico Madrid pose as the new favourites to sign Inter Milan star Lautaro Martinez, according to SunSport’s Joshua Jones.

The Gunners are on the hunt for a new striker with Alexandre Lacazette’s contract expiring next summer.

And they had identified the star striker as a potential replacement with the Inter star expected to leave the San Siro.

The Argentina international even switched agent to Alejandro Camano who sealed team-mate Achraf Hakimi’s transfer to Paris Saint-Germain this summer.

However, AS state Atletico want to wrap up a deal ahead of Arsenal.