Deal Almost Done: Arsenal sign new player from Porto for €40 million
Arsenal are close to welcoming a new player in the person of Fabio Vieira from FC Porto.
A report via ESPN revealed the deal is worth up to €40 million.
According to the report, the 22-year-old star will undergo his medical in London on Friday.
He is expected to sign a five-year contract deal with the Gunners.
The terms of his contract reveal the Gunners will pay an initial €35m with a further €5m possible in performance-related add-ons.
Vieira scored seven goals and created 16 assists in 39 appearances for Porto where he plays primarily as a No.10 or off the right flank.
Arsenal coach Mikel Arteta may consider playing him as a false nine next season.
Viera is yet to make a senior international appearance for Portugal, this is expected to change should he impress at the North London side next season.
The Portuguese had a release clause of €50m on his deal with Porto but sources have confirmed the club have accepted a lower offer from Arsenal.