As aforesaid, the agreement for Sverre Nypan is believed to be worth £12m – although Arsenal could only have to use £900,000 of their allocated budget for the winter transfer window if they beat Girona in the UEFA Champions League.

Arsenal have been told Sverre Nypan is set to make a decision on his future imminently. The Gunners are among a number of club’s tracking the Rosenborg midfielder and had been confident of signing him ahead of a number of Premier League rivals.

Arsenal are working on a deal to sign midfielder Sverre Nypan from Rosenborg. Dialogue between the clubs and with the player’s representatives is advancing, as Arsenal try to land the 18-year-old Norway youth international.

Alongside their pursuit of Nypan, the Gunners are also believed to be exploring centre-forward options in the winter transfer market. Injuries to Bukayo Saka and Gabriel Jesus have left them light up top and dented their chances of catching Liverpool in the title race.

Arsenal have just a few days left to decide whether to add to their squad during the winter transfer window as the Gunners look to keep their fading title hopes alive