Arsenal reach 'full agreement' with Ajax over Jurrien Timber deal as fee revealed

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.

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

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.

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.