Liverpool are preparing to scupper Arsenal's move for Kevin Gameiro, according to Metro.
TalkSPORT initially suggested the French media were reporting that Arsenal had opened initial talks with Lorient over a potential deal for the 23-year-old, and Liverpool are now said to be readying a bid.
However, Arsenal are thought to remain frontrunners for the France international's signature as Gunners boss Arsene Wenger maintains a good relationship we many influential names in French football - including the president of Lorient, Loic Fery.
When questioned about the alleged interest in Gameiro, Fery said: "We did not need to sell, not [Arsenal defender] Laurent Koscielny, nor Gameiro, but the sale of Koscielny puts us in an even better situation.
"We would not sell for below €15m (£12.5m). Extending the contract of Kevin Gameiro is always our goal.
"Kevin appreciates what he wants from his new contract given his new status and we are discussing these things."
But, despite this, Arsenal are thought to be quietly confident that they can beat Liverpool to Gameiro's signature when the transfer window opens in the New Year.
Wenger is hardly renowned for splashing the cash, but he is thought to be in the market for a new striker after having doubts over the long-term fitness of Gunners striker Robin van Persie, while Nicklas Bendtner supposedly wants out of Arsenal.
Despite Arsenal leading the chase for Gameiro, Liverpool are still understood to still be in with a chance of signing the Frenchman as Roy Hodgson looks to bolster his attacking options in January.
The Liverpool boss has made no secret of his desire to add more potency to his Anfield attack after admitting that Liverpool rely too heavily on Kop hero Fernando Torres.
Liverpool have also been linked with Roma ace Mirko Vucinic and Bolton hitman Johan Elmander as new Reds owners NESV look to bring new faces to Anfield in January.