According to several media outlets in Spain, the Seville intends to leave Lucas Ocampos in the next summer transfer market and would be negotiating with the Arsenal the possibility of closing an exchange so that a discard from the Gunner team arrives at Ramón Sánchez Pizjuan: Nicholas Pepe.
The Nervión team does not have the Argentine for next season because he has shown a lot of irregularity at the end of the season and they feel they can do important business with the intention of improving the squad, taking advantage of the fact that they have a good market in the main European football leagues.
The exchange that Sevilla and Arsenal negotiate for the summer
On the other hand, Monchi is interested in the market opportunity that Nicolás Pépé has become. The Ivorian is one of the players that Arsenal wants to sell in the summer due to his poor performance and his contract, taking into account that Mikel Arteta does not have him and that they want one more reinforcement to play on the wings to rotate with Bukayo Saka and Gabriel Martinelli.
Sevilla would have informed Arsenal of the possibility of closing an exchange in the next summer transfer market, taking into account that both clubs want to leave their players and that they could receive interesting pieces for next season. Lucas Ocampos would be a very interesting signing for Mikel Arteta due to his versatility (he can play in all three lanes) and his ability to make a difference in the face of the rival goal.
There is still nothing concrete, but it seems that both parties want to reach an agreement.