The Independent reports that Barcelona vice-president, Josep Maria Bartomeu, flew to London yesterday to complete the deal.
Bartomeu returned to Barcelona late last night and is confident Song will complete his move to the Spanish side before this weekend.
Song still has two years left on his contract with the Gunners.
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The start of the 2017-18 Premier League season is just around the corner and is shaping up to be one of the most competitive yet.
As always it is the so called “big clubs” that have splashed the most cash in the transfer window so far this summer. Manchester United or City? Arsenal or Tottenham? Who are the winners and losers of the transfer window so far?