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- Dubai 04:27 05:45 12:20 15:47 18:49 20:07
Arsene Wenger expects to complete the club record £15 million transfer of Santi Cazorla from Malaga by Tuesday, according to the Daily Mail.
Though Malaga are holding out for £20m, Arsenal hope a debt deadline imposed on the financially-stricken Spanish club will seal the deal, it said.
With Robin van Persie poised to leave, Carzola, 27, is the major signing of the summer that Wenger has been promising.
Wenger was beaten to the signature of the Spain midfielder last year by Malaga.
He dismissed speculation the Gunners had agreed terms with the Malaga winger on Tuesday in Malaysia.
But with Malaga now having to clear huge debts by the end of the month or face relegation to Spain's second tier, the loss of their UEFA licence and Champions League expulsion, they are close to striking a deal.
With the player now set on a move and Qatari negotiators flying in this weekend, there is hope the deal can be concluded swiftly.
Adding Carzola to the signings of Lukas Podolski and Olivier Giroud represents the most significant summer strengthening since Arsenal imposed financial constraints on transfers in 2004.
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