Gonzalo Higuain is edging closer to an Arsenal transfer after the player's father revealed talks are at "an advanced stage".
Jorge Higuain warned that the two parties have not yet agreed personal terms - an offer of around £150,000-a-week has been reported - but admitted a deal is close.
Arsenal are ready to shatter their transfer record this summer with a £22m bid for the Argentina international.
Juventus have also been linked with a move for the striker, and Higuain's father has revealed talks are ongoing regarding a transfer.
But Arsenal remain in the driving seat to win the race for the forward.
"Nothing has yet been signed but I assure you the negotiations between the clubs are at an advanced stage," Higuain's father told The Sun.
"We won't agree a contract before the clubs reach a transfer deal. I'm sure Arsenal made a big offer, and Juventus."
The 25-year-old would compete with Frenchman Olivier Giroud for a starting spot spearheading the Arsenal attack. After joining Real Madrid from River Plate, the prolific forward scored 48 goals in 80 appearances.
He's shared playing minutes with Karim Benzema at the Bernabeu, but would be expected to monopolise starts at the Emirates Stadium.
Arsenal's current transfer record is the £15m they paid Zenit St Petersburg for Andrey Arshavin in 2009. The Russian international left the club on a free transfer this summer.