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Football London
Football London
Sport
Kaya Kaynak & Aaron Catterson-Reid

Arsenal closing in on £34m Fabio Vieira transfer as Mikel Arteta nears third summer signing

Arsenal are closing in on a deal to sign Porto midfielder Fabio Vieira football.london understands.

The Gunners have been tracking the Portugal under-21 international for some time and have now reportedly agreed a €40 million (£34 million) deal. This is lower than Vieira's release clause which is thought to be at around £42 million as Arsenal seek to take advantage of Porto's financial struggles.

Vieira has been heavily linked with Liverpool, Manchester United and Tottenham Hotspur. The 22-year-old netted seven goals and provided a further 16 assists last season and he still has three years left on his contract with Porto.

READ MORE: Gabriel Jesus to Arsenal transfer: Personal terms 'agreed', Chelsea and AC Milan interest

The Gunners are looking to further bolster their squad just 12 months after splashing in excess of £140million on six first-team additions during last summer's transfer window. football.london understands that manager Mikel Arteta is keen to bring in at least one attacker, a central midfielder and a backup fullback, with additional incomings also possible depending on who leaves the club in the coming weeks.

The talented playmaker has a promising future ahead of him if comments from Portugal Under-21 boss Rui Jorge are to be believed. Speaking about Vieira last year, Jorge said: “Fabio had a good game.

"He is a very technically advanced player, he is good at defining, but he needs to improve some aspects of his game in order to become a full-fledged player. He knows this and will work on these aspects. Fabio has a great future if he sees fit. I think he wants to be the player he can be. I believe that we can meet a great player."

Vieira would become Arsenal's third summer transfer, with the signing for Marquinhos having been completed this week and a deal for Matt Turner set to be finalised towards the end of this month.

Arsenal fans - how much of a big signing would Fabio Vieira be and will he improve Mikel Arteta's midfield? Leave your thoughts down below in the comments section below!

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