Mikel Arteta is closing in on his next summer signing, according to Relevo, with Real Sociedad's Merino set to join the north London outfit. Arsenal have agreed a fee of €30 million (£25m/$32m) plus add-ons for the midfielder and the announcement will be made imminently.
The report continues by claiming Real Sociedad have moved quickly to bring in Merino's replacement, Carlos Soler of Paris Saint-Germain. The former Valencia man has struggled to make an impact during two seasons in France.