Arsenal have reached an agreement in principle to sign Brazil midfielder Bruno Guimaraes from Newcastle for a reported £77m. The 28-year-old's transfer fee is set at 90m euros, a deal that has been agreed upon by the two clubs.
The news comes as part of a busy transfer window for Arsenal, who are looking to strengthen their squad ahead of the new season. The club has been linked with several high-profile signings, including English winger Ethan Nwaneri, who AC Milan have been in contact with.
Newcastle, meanwhile, are closing in on the £25m signing of Czech Republic goalkeeper Lukas Hornicek from Braga. The 24-year-old is expected to provide competition for Newcastle's current goalkeepers.
The transfer window has been dominated by high-profile moves, with Real Madrid's stance on Vinicius Jr a major talking point. The 26-year-old Brazil forward is set to be sold if he does not agree a new contract with the club, which has offered him a renewal deal.
Arsenal's signing of Guimaraes is a significant coup for the club, who are looking to improve their midfield options. The 28-year-old is a highly skilled player with a reputation for his vision and passing ability.
The transfer fee for Guimaraes is a significant investment for Arsenal, who are looking to compete with the top clubs in the Premier League. The club's financial resources will be put to the test as they look to strengthen their squad.
The deal for Guimaraes is set to be completed in the coming days, with the player expected to join Arsenal on a long-term contract. The move will be a major boost for the club's manager, who has been working tirelessly to strengthen the squad.
In related news, Inter Milan are willing to pay £30m for England midfielder Curtis Jones, but Liverpool value the 25-year-old at £35m. The two clubs are in negotiations over the transfer fee, with a deal expected to be agreed upon in the coming days.
The transfer window is set to close on August 9, with several clubs still to make major signings. The coming days will be crucial for Arsenal, who are looking to complete the signing of Guimaraes and strengthen their squad ahead of the new season.
Source: BBC Sports