Arsenal closing in on £5.2m deal for Iwobi

Arsenal are nearing an agreement with Nigerian forward Alex Iwobi in regards to an improved deal with the club, according to Football Insider.

The 19-year old Nigerian has emerged as a viable first-team option in North London over recent months, notching two goals in his first two Premier League starts.

Established first-team stars in the forward department, such as Theo Walcott, Joel Campbell and Olivier Giroud have seen their positions come under threat in the last three matches or so.

As a result, the Gunners have reportedly seen fit to offer the forward improved terms on the initial contract he first penned back in October.

Talks are believed to have been held over the recent international break period, with the teenage sensation expected to see a significant rise to his weekly wages.

It is thought the agreement will afford Iwobi up to £20,000 a week for five years, earning him around £5.2m in total.