As aforesaid, the agreement for Sverre Nypan is believed to be worth £12m – although Arsenal could only have to use £900,000 of their allocated budget for the winter transfer window if they beat Girona in the UEFA Champions League.

Arsenal are working on a deal to sign midfielder Sverre Nypan from Rosenborg. Dialogue between the clubs and with the player’s representatives is advancing, as Arsenal try to land the 18-year-old Norway youth international.

Arsenal told deadline for Sverre Nypan decision after transfer talks - Gunners look to be competing with more than one Premier League rival for Rosenborg midfielder

Arsenal have been told Sverre Nypan is set to make a decision on his future imminently. The Gunners are among a number of club’s tracking the Rosenborg midfielder and had been confident of signing him ahead of a number of Premier League rivals.

Fabrizio Romano shares big updates on Sverre Nypan, Arsenal's hunt for a striker, and Manchester United's transfer plans after Patrick Dorgu.

Arsenal are locked in two battles with Girona this week, as both clubs meet in the final round of Champions League group games, while the contest to sign Norwegian talent Sverre Nypan comes to a head.