Arsenal have made an 'agreement in principle' to sign Las Palmas star Alberto Moleiro.

Arsenal are reportedly closing in on the signing of highly-rated Las Palmas midfielder Alberto Moleiro. According to Spanish outlet Fichajes, the Gunners have reached an 'agreement in principle' to acquire the 21-year-old Spaniard.

Moleiro has been a standout performer for Las Palmas this season, showcasing his impressive technical ability, creativity, and vision in La Liga. His performances have attracted the attention of several top European clubs, with Arsenal emerging as the frontrunners for his signature.  

The report suggests that Arsenal are prepared to trigger Moleiro's €60 million (£50 million) release clause, indicating their strong interest in securing his services. The move would represent a significant investment for the Gunners, but one that could pay dividends in the long term.

Moleiro is seen as a potential long-term replacement for club captain Martin Odegaard, offering versatility and creativity in the attacking midfield position. His arrival would further bolster Arsenal's squad depth and enhance their attacking options.

While an official announcement is yet to be made, the agreement in principle suggests that Arsenal are confident in securing Moleiro's signature. The transfer is expected to be finalized in the coming months, with the Spaniard likely to join the Gunners in the summer of 2025.

This move highlights Arsenal's ambition to continue challenging for major trophies and build a squad capable of competing at the highest level. The acquisition of Moleiro would be a significant statement of intent from the Gunners, signaling their commitment to attracting top young talent.