The Gunners look to have beaten off competition from Tottenham and Borussia Dortmund for the player, report L’Equipe.
The speedy winger will fly to London to complete a medical after appearing in the Copa Libertadores final according to the French sports paper.
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Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.