The Mirror says the French midfielder is set to leave Lyon this summer.
Arsenal boss Arsene Wenger is planning a major overhaul of his squad, looking to strengthen the defence, in midfield and their range of attacking options, and is a long-term admirer of the 22-year-old.
Lyon would want in excess of £30million to part with him.
Tolisso is ready to quit Lyon to strengthen his chances of making France’s squad for the World Cup next summer, and Wenger is keeping close tabs on the situation.
Source: Tribal football