According to recent rumours, the Gunners have reached a deal to sign Porto prodigy Fabio Vieira.

Arsenal are close to completing a deal to capture Porto midfielder Fabio Vieira, according to football.london.

Arsenal have been watching the Portugal under-21 international for some time and have apparently negotiated a €40 million (£34 million) deal with him.

As Arsenal seeks to take advantage of Porto's financial difficulties, this is less than Vieira's release clause, which is reported to be approximately £42 million.

Liverpool, Manchester United, and Tottenham Hotspur have all been connected with Vieira.

Last season, the 22-year-old scored seven goals and added 16 assists, and he still has three years left on his Porto contract.

Arsenal are eager to add to their squad just a year after spending more than £140 million on six first-team players during the summer transfer window.

According to football.london, Mikel Arteta wants to bring in at least one attacker, a central midfielder, and a backup fullback, with further arrivals conceivable depending on who leaves the club in the following weeks.

If statements from Portugal Under-21 coach Rui Jorge are to be believed, the brilliant playmaker has a bright future ahead of him. "Fabio had a good game last year," Jorge stated regarding Vieira.