Arsenal have reached an agreement with French club Lille to sign Ivory Coast winger Nicolas Pepe in a deal worth 80m euros (£72m).
The Gunners will pay for the 24-year-old via a series of installments that suit their restricted budget for this summer.
An agreement between Arsenal and Pepe’s representatives still needs to be finalised.
But the transfer is expected to be completed in the next 24 to 48 hours.