Arsenal are set to chase Nicolas Pepe after failing to land Roma star Cengis Under. According to TuttoMercatoWeb now suggest the north London outfit are eyeing a move for Lille's Pepe instead.TMW says Arsenal have offered €50m upfront plus further bonus fees based on appearances and success.The news of Arsenal's bid arrives just 24 hours after it broke they had a mega offer rejected by AS Roma for Cengiz Under.Pepe has impressed this term, netting 12 goals and five assists.