Juventus defender, Daniele Rugani, has agreed terms with Arsenal, according to Sport Witness.
Rugani has been repeatedly linked with a move to England, with Arsenal rumours dating all the way back to 2015.
The Italy international is said to have found a personal agreement with the Gunners at more than €4million a season.
The next step is for the two clubs to agree a deal, which might be a two-year loan.
Arsenal would then be required to agree to a compulsory purchase at the end of the loan for €40million.
Wolves and Manchester United are also monitoring developments.
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