Arsenal's season appeared to be going from bad to worse as Alex Oxlade-Chamberlain completed his £40m move to Liverpool earlier in the day. There were concrete reports that the Gunners do not have the money to complete a huge signing on deadline day.However, according to Sky Sports, Arsenal have agreed a Premier League record fee of £92m (€100m) for the services of AS Monaco sensation Thomas Lemar. The North London outfit were actively pursuing the Frenchman for the better part of the transfer window, and had a couple of bids rejected for the 21-year-old.Liverpool entered the race for the signing of the coveted youngster only recently and even the Reds had a couple of bids rejected by Monaco for Lemar.Twitter, as you would expect, didn't hold back and exploded as the news spread. Here are the best tweets: The news...BREAKING: @Arsenal have made a bid which we believe may rise to more than £92m (€100m) for Monaco’s Thomas Lemar – Sky sources. #SSN— Sky Sports News (@SkySportsNews) August 31, 2017I'm told that Monaco and Arsenal have agreed a fee for Lemar but that it's now down to the player to decide if he will go #AFC— James Ducker (@TelegraphDucker) August 31, 2017Real chance of Thomas Lemar to @Arsenal - could go down to the wire.— Jim White (@JimWhite) August 31, 2017Thomas Lemar was certainly up for a move to Arsenal earlier in the summer...— Sami Mokbel (@SamiMokbel81_DM) August 31, 2017£92 million for Lemar ?— Philip Neville (@fizzer18) August 31, 2017Monaco still not satisfied...Hearing that Monaco still won't sell Lemar even though Arsenal have made a mega-offer. Could be as high as 100m euros.— Jason Burt (@JBurtTelegraph) August 31, 2017The reaction...So let me get this straight. We've got no money, but we're bidding £92m for Lemar? I see.— Arsène's Son (@hughwizzy) August 31, 2017Wenger: £92m take it or leave itMonaco: Okay, we'll take it.Wenger: What?Monaco: What?Wenger: https://t.co/LQi0or2BSj— Football Digest (@FootyDigest) August 31, 2017Offering a transfer fee which would be the third highest of all time literal hours after saying we were all out of money is pretty special.— Young Secco (@MisterWenger) August 31, 2017Liverpool move over to allow #AFC chance to sign Lemar....? https://t.co/6mf0ukHCU7— Mark Mann-Bryans (@MarkyMBryans) August 31, 2017If this is true, it's crazy money. Makes me wonder why we couldn't pursue a high-quality DM/CM, or a van Dijk, to address needs of the team.— FK³ (@fkhanage) August 31, 2017If there is no time to compete the Lemar deal then why did we offer £92m. Lmao— Osman (@OsmanZtheGooner) August 31, 2017Thomas Lemar is twice the footballer Pogba is. https://t.co/xzrjTzyoaQ— Marjân (@DarthMarjan) August 31, 2017Arsenal were refusing to pay £50m+ for Lemar in July. Now they've bid £92m. It's almost as if waiting 'til deadline day is a bad idea.— Paddy Power (@paddypower) August 31, 2017Arsenal were refusing to pay £45m for Lemar in July. Now they've bid £92m. #AFC— indykaila News (@indykaila) August 31, 2017Arsene Wenger:? 2016: Calls Paul Pogba's transfer fee: 'completely crazy'. ?? 2017: Bids £92M for Lemar. ?#DeadlineDay pic.twitter.com/JsNThMxEy4— SPORF (@Sporf) August 31, 2017We've gone from having no money to forking out the third highest transfer free in history in less than a day— Jubz (@TheWengerWay) August 31, 2017Decent timing from MUFC to get Martial for £36m (£56m tops with add ons) & Pogba when they did. That was the start of market going mad.— Alex Shaw (@AlexShawESPN) August 31, 2017£92m for Lemar.If there's any justice in the world, Monaco would charge Arsenal £92m and £1 for him. pic.twitter.com/zddKtjfzPg— Coral (@Coral) August 31, 2017Looks as though an #AFC move for Lemar is progressing slower than club had hoped - always that age-old question of why things left so late..— Mark Mann-Bryans (@MarkyMBryans) August 31, 2017If you’re Thomas Lemar, do you take this in WC year? Swapping CL football for EL football? Going from a stable and well run club to, well… https://t.co/p1wRZGk2bN— Tom Coast (@thcoast) August 31, 2017And then Alexandre Lacazette did this...??? pic.twitter.com/ywZGdSvrWw— Alexandre Lacazette (@LacazetteAlex) August 31, 2017So much drama https://t.co/XHmcXf2mcN— Le Grove (@LeGrove) August 31, 2017If only...If only they'd given us like a couple of months instead of just one day to get all these transfers done— JB™ (@gunnerpunner) August 31, 2017Did Arsenal not know Lemar was playing for France tonight when they offered £92m for him?— Daily Cannon (@DailyCannon) August 31, 2017And then... this!Arsenal were willing to pay €100m for Thomas Lemar, but don't feel there's enough time to do the deal - The Guardian https://t.co/01jAK5qLdd— Get French Football (@GFFN) August 31, 2017Breaking | The Guardian report that Arsenal have withdrawn from a deal for Thomas Lemar & will keep Alexis Sanchez https://t.co/01jAK5qLdd— Get French Football (@GFFN) August 31, 2017BREAKING: Arsenal shit themselves when it looks like their bid might be accepted https://t.co/aVrDEJ79BU— Nooruddean (@BeardedGenius) August 31, 2017