Alexandre Lacazette is reportedly set to travel to London to complete his eagerly-anticipated move to Arsenal.
According to the Telegraph, the Gunners have now agreed a £52 million deal for the France international with Lyon.
Lacazette will now head to north London for a medical and to sign a contract with Arsenal, and become their club-record signing.
Arsenal will reportedly pay £46m initially, plus an extra £6m in add-ons, to finally land the 26-year-old.
There had been speculation Atletico Madrid could still sign Lacazette, but it appears Arsenal have convinced the striker the Premier League is the place to be.
It is also suggested that Atleti will now attempt to sign Diego Costa, who will leave Chelsea this summer and train with the club until he is free to play for them in January.
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Landing Lacazette would be a massive boost to Arsenal, particularly after missing out on the Lyon star last summer.
It remains to be seen what effect that would have on their other targets, with Arsenal being linked with a £125m bid for Kylian Mbappe this morning.
Whether the arrival of Lacazette would also be enough to convince Mesut Ozil and Alexis Sanchez to stay, also remains to be seen.
Carlo Ancelotti has recently talked up a move for Sanchez, while Manchester City continue to be linked with the Chilean.