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 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.

Arsenal are leading the race for Rosenborg's Sverre Nypan, with talks about the player having ramped up over the weekend. The 18-year-old attacking midfielder has attracted considerable attention this January, with interest also coming from Aston Villa and the City Football Group through Girona.

The midfielder made his debut aged 15 and is the latest exciting prospect to come out of Norway, in the footsteps of Odegaard and Haaland

Alongside their pursuit of Nypan, the Gunners are also believed to be exploring centre-forward options in the winter transfer market. Injuries to Bukayo Saka and Gabriel Jesus have left them light up top and dented their chances of catching Liverpool in the title race.

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

How old is Sverre Nypan? He is 18 years old and is already a key member of the Norwegian U21 national team. Nypan actually became the youngest-ever player in Rosenborg’s history