Pierre-Emerick Aubameyang has reportedly agreed to a new three-year deal with Arsenal which will see him pocket £250,000-a-week.
The Gunners captain had been linked with a move away from the Emirates as he entered the final year of his existing deal, with Barcelona said to be ready to swoop.
But Aubameyang, 31, now looks set to stay in North London as he commits his future to Mikel Arteta’s project on a deal worth £70,000-a-week more than the contract he signed with the club in 2018.
Arteta has been outspoken on how he would like the Gabon star to put pen to paper on an extension with his side and Aubameyang sent fans into frenzy by tweeting the hourglass emoji on Sunday.
Many believed the tweet meant Aubameyang was on the cusp of signing a new deal and the Daily Telegraph reports he is now “extremely close” to doing so.
Aubameyang was Arsenal’s top scorer across all competitions last season, netting 29 times and also providing three assists.
Meanwhile, Arsenal are close to securing the services of Lille centre-back Gabriel Magalhaes.
The 22-year-old Brazilian has also been linked with moves to Everton or Napoli, with the latter still hopeful of landing the €30million-rated (£27.15million) man.
Arsenal’s negotiations had been led by head of football Raul Sanllehi, but he departed the club last week to leave greater control over transfers in the hands of Arteta and technical director Edu.
It is hoped the talks will not be impacted by Sanllehi’s departure as the Gunners aim to land Gabriel, who made 24 appearances to help guide Lille to a fourth-place finish in Ligue 1 last season.
Lille owner Gerard Lopez confirmed the former Brazil U20 international would leave Stade Pierre Mauroy earlier this month, telling BBC Sport : “Gabriel is young, extremely powerful, currently right now probably one of the two most dominant central defenders in the French league.
“The way we work is very simple. We explain to him and his environment, his agent, what we are looking for, and once we get those offers the choice is his, like we did with Nico [Pepe] and Victor [Oshimen].
“We are there now, so we told him: ‘Eventually you have to make a decision but we’re not pressing you.’ I think he will make it this week, or next week at the latest. He is leaving, we’ve given the OK for that.
“There’s a lot of competition. He’s a young player so he’s got to make sure he makes the right decision. We help him out a little bit so we tell him: ‘We think this might be the right manager or club for you.’
“He’s got so much talent, he will succeed wherever he goes.”