Arsenal have reportedly agreed on personal terms with Brazilian playmaker Philippe Coutinho ahead of a proposed move to the Emirates Stadium in the summer.
The Brazil international is still on loan at German champions, Bayern Munich, however, is due to return to parent team Barcelona after the Bavarians end their participation in the Champions League.
South American forward is allegedly surplus to requirements at the Catalan club, though, and the rumours surrounding a potential move to the Emirates Stadium has gathered pace in recent days.
According to Catalan Sport, the North London club have now agreed on personal terms with the South American, who is set to arrive at the Emirates Stadium and spent a loan deal at the club.
The 28-year-old has been in fine form for Bayern this campaign, founding back of the net nine times and providing eight assists in 34 games in all competitions.
Meanwhile, Coutinho scored 41 times in 152 Premier League games during his time with Liverpool and undoubtedly his best form he has shown in the English top-tier.
Coutinho currently earns £250,000 per week at Nou Camp and the reports suggest that Arsenal will have to pay it fully if the Catalans agree to sent him at the Emirates Stadium.