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Arsenal transfer news: Club-record fee agreed for Chelsea target, personal terms being discussed

Arsenal transfer news – Chelsea target close to big move.

Both Arsenal and Chelsea look set to miss out on the signing of highly-rated Internacional midfielder Charles Aranguiz this summer as he nears a move to Leicester City.

The Chilean international has been in impressive form for club and country of late, catching the eye for his national side as he helped them win this summer’s Copa America tournament.

Reports have previously suggested that Alexis Sanchez could persuade Aranguiz to join him at the Emirates Stadium, but it looks like the Gunners and Chelsea face missing out on this deal as Leicester close in on an ambitious transfer.

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The Foxes have agreed a club-record £10.5m fee for the South American, with Sky Sports now claiming that he is discussing personal terms over the move to England.

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