Arsenal have exchanged documents with Barcelona over the potential sale of Gabriel Jesus.
Both clubs have agreed on a €10 million fixed fee, with €4 million in add-ons.
There will also be a 20% sell-on clause inserted into the deal.
Jesus is now expected to fly to Spain on Monday to finalise the transfer.
The Brazilian will undergo his medicals with Barcelona and sign a contract until June 2028.
Football transfer expert Fabrizio Romano wrote on X: “Barcelona and Arsenal have now exchanged documents for the Gabriel Jesus deal.
“€10 million fixed fee, €4 million add-ons and 20% sell-on clause.
“Gabriel will land in Barcelona tomorrow for medical tests and contract signing.
“Contract until June 2028 plus option to extend.”