By Editor Wayne Veysey | Former Evening Standard, Press Association and Goal chief correspondent with 17 years experience of breaking big stories, including exclusives like this
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Arsenal are close to agreeing a new contract with rising star Alex Iwobi worth a total of £5.2million, Football Insider sources understand.
The Gunners are in advanced talks with the 19-year-old midfielder about an improved deal as a reward for his breakthrough into the first-team.
A well-placed Arsenal source has told Football Insider that discussions are centring on a five-year agreement worth around £20,000-a-week, totalling £5.2million.
The source said fresh talks took place during the international break and all parties are confident that the structure of a deal is now in place.
This will hand the teenager a huge pay rise and will bring him into line with the other emerging players at the north London club.
Iwobi is establishing himself as a key member of Arsene Wenger’s side after scoring his second goal in only his second Premier League start in the 4-0 Premier League win against Watford on Saturday.
The Nigerian attacking midfielder, who only signed a new deal at Emirates Stadium last October, has forced senior trio Olivier Giroud, Theo Walcott and Joel Campbell out of the team in the last three matches.