Monaco vice-president Vadim Vasilyev has recently discussed his decision to keep hold of Arsenal target Thomas Lemar.

The France international was courted by a number of top clubs across Europe in the summer transfer window, and it came as something of a surprise to see him remain in Monaco colours for the season ahead.

Lemar was subject to strong interest from English clubs, Liverpool and Arsenal in particular, with the latter having submitted a £92 million bid on the final day of the transfer window. The player was claimed to have turned down the move given the poor timing from the Gunners.

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Vasilyev spoke to French newspaper L’Equipe and, as quoted by the Evening Standard, admitted that keeping Lemar was a risky move from the club.

In 2015 we had to sell in order to meet FFP conditions, so it was more of an obligation. We are, currently, financially safe and sound. You sell when you think it’s the right time. You’ve got to accept the risk (that Lemar’s value may decrease over time) and it’s by taking risks that we have got here.

We are not looking for records. Sales, they are the consequence of having a great season, the league title, a great manager and an excellent recruitment cell and scouting network.

Arsenal are set to make a fresh approach for the former Caen winger in the near future, but will have to wait until at least January if they are to land him.