Transfer insider Fabrizio Romano confirmed the deal on Tuesday, stating, “Viktor Gyökeres to Arsenal, here we go! Verbal agreement in place between all parties involved.”
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According to Romano, Sporting have accepted Arsenal’s final bid of €63.5 million plus an additional €10 million in add-ons.
The striker’s agent is also reported to have agreed to reduce his commission to facilitate the move.
Gyökeres will put pen to paper on a five-year deal with the North London club.
The 27-year-old forward, who enjoyed an impressive campaign in Portugal, was reportedly determined to make the switch to the Emirates.
“He only wanted Arsenal,” Romano added.