Arsenal have already finalised a new contract with club-captain Pierre-Emerick Aubameyang and they are waiting for him to return from his holiday to complete the necessary formalities.
Aubameyang has agreed a new three-year contract worth £250,000-a-week and the forward dropped a hint over the same by posting an hourglass emoji on his official twitter account.
According to ESPN, the 31-year-old has yet to return to the north London side after the FA Cup final success. The club are keen to confirm the contract extension with a big announcement video and are awaiting his arrival.
Meanwhile, the Gunners are in advanced talks to sign Gabriel from Lille and reports claim that they have beaten the likes of Manchester United and Napoli to agree a deal worth £22m.
The Brazilian could make the switch to the club in the next couple of days. He is likely to become the club’s second signing of the summer after the arrival of Willian on a free transfer.