Arsenal are set to make their first big splash of this transfer period with the signing of 22-year-old Porto midfielder Fabio Vieira.

The Gunners have been linked with various big names – including Raheem Sterling, Youri Tielemans and Christopher Nkunku – but have struggled to get deals over the line for players that could be considered key signings.

Vieira, who has made 20 appearances for Portugal Under-21s, was a move that came out of left-field, but those that call the Emirates Stadium home will hope it proves to be a masterstroke.

TOP STORY – VIEIRA'S MOVE TO ARSENAL REACHES FINAL STAGES

According to ESPN, a deal in the range of €40million is said to be in place, with Vieira said to be heading to London for his medical on Friday before finalising a five-year deal.

The talented attacking midfielder – who played in both the number-10 role and as a second striker – finished the Primeira Liga season with six goals and 14 assists from 27 appearances. Nobody in Portugal's top division had more assists.

Vieira reportedly had a €50m release clause with Porto, but the club were happy to accept the reduced figure.

It could be the start of a big week for Arsenal, with ESPN also mentioning they are leading the race for Manchester City striker Gabriel Jesus in a deal that could be worth up to £50 million.

ROUND-UP

– According to The Sun, Liverpool remain interested in Borussia Dortmund midfielder Jude Bellingham, but they will remain patient and not pursue him in this transfer period.

– Inter have turned down a €50m bid from Paris Saint-Germain for Milan Skriniar, holding firm at an asking price of €80m, according to Fabrizio Romano.

– Newcastle United target Sven Botman is reportedly favouring Milan if he is to leave Lille, per Football Insider.

– The Telegraph is reporting Southampton have agreed to a deal worth up to £15m for 20-year-old City goalkeeper Gavin Bazunu, while The Athletic claims they are also interested in 18-year-old City midfielder Romeo Lavia.

– Fulham and Wolves will reportedly compete for the signature of Sporting midfielder Joao Palhinha, according to 90min.