West Ham launch £33.8m bid to sign Arsenal target Paqueta from Lyon

• Player keen to leave from Lyon
• West Ham submit opening bid of £33.8m
• Arsenal & Newcastle interested in the past

WHAT HAPPENED? The Hammers boss has confirmed that the club have submitted an offer for the Lyon midfielder, which GOAL understands to be worth around £33.8 million ($39.7m).

WHAT THEY SAID: "We have bid for him. He can play as a No.10, No.8 or as a false nine. I think his pedigree is really good. That doesn't always guarantee that it works but hope it helps towards getting better," Moyes told reporters on Wednesday.

THE BIGGER PICTURE: Paqueta has expressed an interest in leaving France this summer, but Lyon are thought to want as much as £50m ($58.9m) for the player. Arsenal and Newcastle have previously tracked the Brazilian, but neither found an agreement earlier this summer.

IN THREE PHOTOS:

WHAT NEXT FOR PAQUETA? Paqueta should be in action for Lyon against Reims on Sunday, provided he does not seal a Premier League move beforehand. His side have won each of their opening two Ligue 1 games this season.