EXCLUSIVE | By Arsenal correspondent Tony Hughes

Petr Cech has agreed personal terms with Arsenal ahead of a proposed summer transfer, Football Insider sources understand.

The Chelsea goalkeeper is closing in on a move to Emirates Stadium although the Gunners are waiting on the green light from their west London rivals to table a formal bid.

Football Insider understands that Arsenal and Cech’s representatives have agreed the terms of a three-year contract worth more than £100,000-a-week.

Negotiations between the two parties have taken place during the last fortnight after Arsenal were given permission by Chelsea to hold talks with the Czech international.

Arsenal have opened discussions with Chelsea in what would be a rare deal between the rivals although the north Londoners face growing competition to land Cech from Manchester United, who have identified the 33-year-old as a possible replacement for David de Gea, who is expected to move to Real Madrid this summer.

The Gunners are favourites to sign Cech but United’s interest could turn his head even though personal terms have been agreed and it is understood that the Czech international is settled in London with his family and keen to remain in the capital.

There is a clear sense that Chelsea will allow their long-serving goalkeeper to decide his future out of respect for his considerable achievements during his 11 years at Stamford Bridge, in which he has won every major honour.

Jose Mourinho admitted that he is powerless to stand in the way of the Czech international moving to north London, with Chelsea owner Roman Abramovich believed to have told the goalkeeper he can choose his destination.

Cech has 12 months remaining on his contract but has spent most of the season on the sidelines after losing his No1 status to Thibaut Courtois.

Chelsea have drawn up a shortlist of goalkeepers to take on the No2 role next season, which it is understood is headed by on-loan Fulham goalkeeper Maarten Stekelenburg.

Arsenal are a tempting option for Cech, who is settled in London and wants to join a club who can compete for trophies.

Arsene Wenger is keen to pull off one of the headline signings of the summer amid doubts over the future of Wojciech Szczesny and current first choice David Ospina’s long-term ability to be the No1.

As revealed by Football Insider, Szczesny wants to quit Emirates Stadium in search of regular first-team football after losing his Premier League spot to Ospina at the turn of the year.

Liverpool have placed Szczesny on their transfer shortlist as they step up plans to sign a senior goalkeeper who can compete with Simon Mignolet for the No1 spot at Anfield.