Arsenal have been linked with Aston Villa’s Carney Chukwuemeka in recent weeks.
However, the Gunners have all-but lost out on the 18-year-old to London rivals Chelsea.
The Blues and Villa both posted official updates on their websites and on their social media over an agreement being reached for Chukwuemeka.
“Aston Villa and Chelsea can confirm that the clubs have reached an agreement for the permanent transfer of Carney Chukwuemeka,” wrote the Blues statement.
“The 18-year-old has been given permission to travel to London to discuss both personal terms and undergo a medical.”
In July, 90Min claimed that Mikel Arteta’s Arsenal were ‘open to trying to land Chukwuemeka this summer’.
“One of the best 18-year-olds we’ve seen in a long time”
Meanwhile, Graeme Bailey told The Talking Transfers Podcast that Arsenal viewed the “unbelievable” teenager as a potential starter.
“At the moment, he is turning down this contract, he is refusing to sign it,” said the journalist.
“Arsenal and Newcastle both see this guy as someone who could potentially start for them. He’s that good.
“Someone said to me (Villa) would want over £40million for him.
“They’re not going to get that because of his contract situation.
“But would someone like Arsenal pay £20-£30 million? I think they probably would because he is such a huge talent.
“In England, within the scouting ranks, they think this guy is one of the best 18-year-olds we’ve seen in a long time.”
As well as Arsenal and Newcastle, the likes of Manchester United and Manchester City were reportedly also in pursuit.
Villa reportedly wanted £20million for Chukwuemeka, and Chelsea appear to have got him for a similar fee.
“Been told player will travel to London tonight, fee around £15m plus add ons,” Fabrizio Romano wrote on Twitter.
“Chelsea will seal six year deal, valid until 2028.”