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Arsenal are reportedly on the verge of signing Real Sociedad midfielder Mikel Merino this summer.
The Spaniard has already agreed personal terms over a long-term deal, but Arsenal are yet to make a formal bid to sign him.
El Diario Vasco now claim that the Gunners are yet to present an offer to Sociedad, but they are likely to do so very soon.
The midfielder has a release clause worth £52m in his contract, but the Gunners are confident of landing him for less.
Merino has entered the final year of his deal with the La Liga outfit and it is claimed that he could be signed for around £26m.
The 28-year-old recently reported for pre-season with Sociedad, but the club are aware that he wishes to move on soon.
He has turned down the prospect of signing a new deal. If Arsenal don't sign him, Barcelona are his alternative choice.
Atletico Madrid are no longer in the running for his services.
Written by Sri Aswin
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