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.
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.
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.
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.
