Arsenal scouts have watches Moutinho in action on several occasions.
Arsenal boss Arsene Wenger has insisted he will be making one or two “super-class” signings this summer and Moutinho is believed to be one of them.
The midfielder made his international debut for Portugal aged 18.
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The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.
Five English clubs will compete in the last sixteen of the Champions League for the first time ever as Liverpool, Manchester United, Manchester City, Chelsea and Tottenham face some difficult away matches.