Arsenal have reportedly agreed a fee with Belgian side KAS Eupen for teenage striker Henry Onyekuru, according to Sky Sports.
The Gunners will pay £6.8 million for the 19-year-old who has shone this season scoring 19 league goals, making him the top scorer in Belgian football this season.
Arsenal are believed to have seen off competition from a host of other clubs including Everton, West Brom and Southampton and also Belgian sides Anderlecht and Brugge to land the forward.
The Gunners are set for a busy summer with the club widely expected to announce that manager Arsene Wenger has signed on for another two years tomorrow.
Wenger is already believed to have agreed a deal for defender Sead Kolašinac with an official announcement expected shortly and Onyekuru now looks set to follow him to the Emirates.
More arrivals are expected this summer with Arsenal set to strengthen after finishing fifth although much of their transfer activity may depend on whether Alexis Sanchez and Mesut Ozil remain at the club.
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The latest speculation has suggested Arsenal are willing to splash the cash and offer the duo huge new contracts in order to extend their stays at the club.
However, Wenger has repeatedly insisted that Arsenal need at least one or two top class signings, as well as keeping hold of Sanchez and Ozil, if they are to challenge for the title next season and therefore it promises to be an interesting summer!