Kai Havertz will earn £210,000 per week if he completes a move from Chelsea to Arsenal this summer, according to MailSport.
The German forward has agreed in principle on a five-year contract with the Gunners.
All that is left is for the two London clubs to strike a deal on the transfer fee.
Arsenal has made an improved verbal offer worth £60 million for Havertz.
The new package is believed to be worth a guaranteed £55 million plus an extra £5 million in bonuses.
Having seen their original offer of around £50 million turned down by Chelsea last week, Arsenal have continued talks with the Blues.
Arsenal wants to wrap up a deal quickly, as they already have a broad agreement in place over personal terms.
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