Arsenal defender Hector Bellerin has agreed personal terms with Inter Milan ahead of a potential transfer.
The Spaniard has two years remaining on his Gunners contract, but he is widely expected to leave the club this summer.
He is reportedly keen on joining Inter, but the Nerazzurri have yet to reach a suitable agreement with the Gunners.
The Gunners are looking for around €20m, but Inter have proposed a loan deal with an option to buy at the end of the season.
The north London club have rejected the initial approach, but Bellerin has nonetheless agreed personal terms with Inter.
The right-back has agreed to annual wages of £3m for five seasons. This represents a 50 per cent pay-cut on his current salary.
Arsenal are yet to find a replacement for Bellerin, but they have sufficient options in the squad for the right-back position.