Arsenal are clear to sign Torino winger Alessio Cerci after Urbano Cairo, the Serie A club's president, confirmed that the Italian international will be sold to a foreign club before the summer transfer window closes on Monday.
According to the Metro, Cairo told reporters: "Cerci’s buyers are overseas."
This latest development comes on the same day Cerci was pulled out of Torino's Europa League squad to play RNK Split this evening. The Italian club do not believe the winger, who arrived at the Stadio Olimpico from Fiorentina in 2012, is in the right frame of mind to perform.
Cerci: A man in demand
Cerci enjoyed his most productive season since turning professional last term, scoring 13 goals and providing 12 assists to help Torino secure a seventh-place finish in Serie A.
Valued at £16 million, the lively winger - who is also capable of playing as a striker - has been linked to some of Europe's biggest clubs this summer, including Manchester United, Manchester City and Atletico Madrid.
Chelsea and Liverpool were also reportedly interested earlier in the transfer window.
Arsenal in pole position
But it's Arsenal who currently sit in pole position, with Arsene Wenger now frantically searching for a striker following Olivier Giroud's untimely ankle injury. The French striker is expected to be out of action until January.
Manchester United no longer appear keen to sign Cerci, who has represented his country on 13 occasions, after breaking the British transfer record on the acquisition of Argentina international Angel di Maria.
Manchester City appear to have concluded their business for the summer, while Atletico Madrid spent big on the signing of France international Antoine Griezmann earlier this month.
Chelsea could renew their interest if Fernando Torres leaves Stamford Bridge for AC Milan, which now seems very likely, but Liverpool are unlikely to make a move for the in-form Italian.
Will Cerci become an Arsenal player by Monday?
Cerci began his career with AS Roma, but failed to cement a first-team place with the Italian giants, despite enjoying loan spells with Brescia, Pisa and Atalanta.
It was at Fiorentina where he got his big break, scoring 16 goals in his two seasons with La Viola, before moving on to Torino for a bargain €2.5 million two years ago.
Torino now stand to make a significant profit on the player, with Wenger poised to make a move.
The Gunners boss revealed after Wednesday night's 1-0 win over Besiktas that there's a possibility Arsenal do not sign another striker before the transfer window slams shut - but there is growing pressure on him to complete a deal after Giroud, the club's main centre-forward, underwent surgery on his injury.