Gillingham chairman Paul Scally has confirmed 15 year-old Lee Freeman is close to signing for Arsenal.
"It is a shame for Gillingham to lose a special talent such as Luke but we cannot stand in the way of such a fantastic opportunity.
"Arsenal have gone about their business in a fair and commendable way so it was a pleasure to do the deal with them.
"They are a fantastic club and I know that they are the right ones to take Luke on and make him into a Premiership player."
Freeman became the youngest player to feature in the FA Cup when he appeared as a late substitute for the cash-strapped Coca-Cola League One strugglers against Barnet in the first round back in November.