Here we go! Arsenal and Bologna finalize transfer of promising defender

Arsenal and Bologna are finalizing the transfer of promising Italian defender Riccardo Calafiori. The Gunners are close to securing the 22-year-old player's signing.

Arsenal, Bologna, and Calafiori's agent are working to get the documents approved today, after which medical tests will be scheduled. Only a few formal steps remain before the transfer is officially announced.

It was previously reported that the Gunners will pay the Italian club €40 million plus €5 million in add-ons, as well as a percentage of any future sale of the player.

Earlier, it was mentioned that Real Madrid's management was also seriously considering Calafiori and was preparing to make a significant move for the Italian defender.

Additionally, there were reports of a battle between Barcelona and Arsenal for a Real Sociedad midfielder.