Arsenal have agreed a deal to sign an Italy defender

Arsenal have moved as close as possible to signing Italy defender Riccardo Calafiori.

According to football insider Fabrizio Romano, Arsenal and Bologna have reached an agreement on the terms of the player's transfer after a break in negotiations.

The Canaries will pay €40m for the player plus €5m in add-ons, as well as a percentage of the player's next sale.

The final step remains. Basel, as the defender's former club, are claiming 50 per cent of the transfer fee. At the moment, Bologna will agree payment terms with the Swiss club.

Earlier it was reported that the management of Real Madrid are diligently discussing the candidature of Calafiori and are preparing to take serious steps to transfer the Italian.