• Fee for Norway international will be around £34m

• Arsenal reopen negotiations for Sheffield United’s Ramsdale

Arsenal are close to agreeing a fee of around £34m with Real Madrid for Martin Ødegaard, with the Norway international set to sign a five-year deal at the Emirates.

Negotiations with the Spanish side are reaching conclusion having intensified in recent days and Ødegaard was omitted from their squad to face Alavés at the weekend. The 22-year-old spent the second half of last season on loan in north London and has been identified as a key target for both manager Mikel Arteta and technical director Edu, with Arsenal now set to sign the player who arrived at Madrid as a teenager in 2015 from Strømsgodset.

Related: Granit Xhaka signs Arsenal contract extension to end transfer talk

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