Arsenal have reached a full agreement with Ajax to sign Jurrien Timber, David Ornstein has claimed.
As per the Athletic, the Gunners have agreed a €40million (£34million) initial fee plus €5million (£4.3million) in largely achievable add-ons.
The 22 year-old defender has been granted permission to undergo his medical and finalise personal terms.
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Arsenal submitted a £30million bid for Timber last month, which Ajax rebuffed. The Dutch giants were seeking a higher fee for a player who still has two years left to run on his contract.
Timber featured 34 times in the Eredivisie last year in what was a disappointing campaign for Ajax, netting twice and registering two assists.
The centre-back, who can also operate at right-back, has also played 15 times for the Netherlands.
Arsenal closing in on Declan Rice
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The Timber news comes just hours after Mikel Arteta's men secured an agreement to sign West Ham captain Declan Rice. A compromise on the structure of the £105million deal was finalised on Tuesday evening.
Arsenal will reportedly pay the initial £100million over two years.
As per Sky Sports News Rice will have his medical at Arsenal this week before committing his long-term future to the north Londoners.
The fee smashes Arsenal's previous transfer record - the £72million the club spent on Nicolas Pepe in 2019 - while it will make Rice the most expensive British player in history, should the add-ons be met.
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The transfer will also be just short of the British transfer record, with Chelsea paying £106million for midfielder Enzo Fernandez in January.
Rice and Timber look set to be Arsenal's second and third summer signings, with Kai Havertz having joined from Chelsea for a fee of up to £65million last week.
Featured Image Credit: GettyTopics: Football, Arsenal, Mikel Arteta, Transfers, Ajax