Arsenal are set to complete the signing of Southampton winger Alex Oxlade-Chamberlain next week, according to reports.
The England youth international didn't feature for Saints in their 3-1 Npower Championship opening day victory against Leeds United due to injury, but has constantly been linked with a move away from St. Mary's throughout the summer.
Fined for comments a fortnight ago that he was keen to make a Barclays Premier League move, Arsenal boss Arsene Wenger has been courting the player for several months now after having the teenager scouted on several occasions last season.
Reports in The Sunday Mirror now claim Arsenal are set to land the player this week, with a £12 million deal thought to be enough to secure the youngster's signature.
The report goes on to claim the Gunners will make a £7 million opening payment for the 17-year-old, with additional payments from Arsenal for senior and international appearances.
A completed Arsenal move would end one of the summer's longest running transfer saga, with Manchester United and Liverpool also linked with a move for the player during the off-season.
Liverpool director of football, Damien Comolli, made a number of personal scouting trips to watch Oxlade-Chamberlain last season, and the player impressed scoring 10 goals in an Npower League One promotion campaign.
Kenny Dalglish has invested heavily in young British talent at Anfield this summer, with Jordan Henderson, Charlie Adam and Stewart Downing moving to Liverpool for substantial transfer fees.
The Merseysiders look set to miss out on the England U19 international though, and Liverpool will now have to look elsewhere to bolster their youth ranks.
With a track record of developing young talent at the Emirates and a previous endorsement from his father and former England international Mark Chamberlain, Oxlade-Chamberlain will be hoping to follow in some illustrious footsteps and earn first team chances at Arsenal this season if the move is completed before the start of the Barclays Premier League season on Saturday.