Arsenal have reached a verbal agreement with Vinicius Jr. over personal terms, according to sports outlet HandofArsenal.
The news comes as the Brazilian forward's contract negotiations with Real Madrid remain deadlocked.
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The 26-year-old's agency, Roc Nation, is set to enter talks with Real Madrid, holding a lucrative offer from the London club.
Arsenal view the winger as a key addition to boost their Champions League ambitions and are prepared to make him the highest-paid player in the club's history.
Contract Standstill at Real Madrid
Vinicius Jr.'s current deal enters its final year, yet negotiations with Real Madrid have stalled.
Both sides previously expressed a desire to continue, but prolonged discussions failed to produce an extension.
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Real Madrid management has reportedly told the player that their latest proposal is their final offer.
The Spanish club has taken a firm stance, indicating no further negotiations will occur regardless of his decision.
The situation remains unresolved as Vinicius Jr. returns from his post-World Cup holiday.
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If he rejects the final contract offer, Real Madrid is expected to place him on the transfer market, potentially allowing Arsenal to finalize a summer move.
