Emile Smith Rowe on verge of Arsenal exit as Fulham agree transfer fee that could rise to £34m

Per Sky Sports, the Cottagers are in advanced talks with Arsenal to seal a move for Smith Rowe for a club-record transfer fee of £27 million ($34m) plus add-ons that could take the final figure to £34 million ($44m).

The report further claims that the deal is likely to be finalised later this week after which he will undergo his medical before formally putting pen to paper on the Fulham contract. The English midfielder has found himself out of favour at the north London side as he clocked just 346 minutes on the pitch across all competitions last season.

The Gunners have been active in the transfer market as, after making David Raya's move from Brentford permanent, they have now bolstered their backline by signing Riccardo Calafiori from Bologna in a £42m ($54m) deal.

After beating Manchester United in their last friendly during the weekend, Arteta's side will be back in action on Wednesday as they take on Liverpool in Philadelphia.