Arsenal have agreed a loan deal for Bayer Leverkusen defender Piero Hincapie.
The club will pay Leverkusen a £42million fee next summer to sign him permanently, and a 10 per cent sell-on clause will be inserted into the switch.
Hincapie’s medical is expected to take place this weekend.
Daily Mail Sport reported that Arsenal’s initial approach was worth around £45m but talks with the Bundesliga giants developed in recent hours, allowing them to postpone the payment through a loan and obligation to buy at the end of the season.
The 23-year-old has a release clause worth just over £50m in his contract but Mikel Arteta has landed his target despite an agreement on a lower final figure.
It is understood that any deal for Hincapie will determine whether Porto can proceed to sign Arsenal defender Jakub Kiwior before deadline day.
Arsenal have been incredibly busy in this summer transfer window, signing Viktor Gyokeres, Martin Zubimendi, Eberechi Eze and Noni Madueke among others as they look to end their lengthy wait for the Premier League title.
More to follow.
