Alex Iwobi has reportedly agreed a new five-year contract at Arsenal, with the Nigeria international due to more than double his wages at the Emirates Stadium to £70,000 (N33,000,000) a week.
Iwobi came through the youth system at Arsenal, and is just two appearances short of 100 for the Gunners.
The 22-year-old has been a regular over the last two seasons, but his future at the Emirates Stadium was believed to be unclear following the arrival of Unai Emery as head coach.
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Recent reports claimed that the attacker could be available for £22m this summer amid interest from Lazio, but according to The Sun, Iwobi has now committed his long-term future to Arsenal.
The report claims that the announcement will be made official once Arsenal return from their pre-season trip to the Far East.
Iwobi scored three times and registered seven assists in 40 appearances in all competitions for his London club during the 2017-18 campaign.