Arsenal have reportedly reached an agreement over a new contract with Pierre-Emerick Aubameyang and an announcement will be made in the near future.

The Gabon international netted 29 goals over the course of the previous season and his last strike was the winner in the FA Cup final over Chelsea.

He has since been tipped to put pen-to-paper on a new Gunners deal and The Telegraph claims that the terms over a new contract have already been agreed.

A confirmation over an extension beyond June 2021 is imminent and Aubameyang has hinted over the same by posting a loading symbol on his official Twitter account.

Aubameyang is likely to be handed a three-year contract on wages worth £250,000-a-week. He could potentially earn more in the form of bonuses depending on different achievements.

Arsenal have so far signed just one player for the summer. Brazilian winger Willian has joined them on a free transfer after turning down a contract extension at Chelsea.