Young Arsenal striker Sanchez Watt is set to complete a loan move to League One side Sheffield Wednesday, according to Sky Sports.
This move comes soon after the Gunners offered the England U19 international a new contract.
Arsene Wenger is thought to have been impressed by his prolific form for the reserves and sees a future for him at the Emirates Stadium.
Watt was on loan with Leeds United last season, making 22 appearances for the Yorkshire side.
The 20-year-old has hopes of pushing through into the Arsenal first team, but he understands that there are several names in front of him for the striking role at present.
In the absence of first team opportunities under Wenger, Watt has proved willing to take loan opportunities to gain first team football.
Wednesday manager Gary Megson contacted Arsenal after his 11 goal striker Gary Madine was ruled out for six weeks with a broken toe.
Megson feels he needs the replacement firepower to continue their push for promotion, sparking the deal that brings Watt to the club until January.
The Owls are currently sitting third in League One, just two points behind Huddersfield Town and the second automatic promotion spot.