Arsenal are closing on a deal for Malaga midfielder Santi Cazorla. The Guardian says Cazorla has agreed terms to join Arsenal and leave Málaga this summer. Arsène Wenger is keen to sign Cazorla, whom he monitored last summer, and he is hopeful that an offer of €20m (£15.6m) can close the deal with a basic agreement in place with the player.

Negotiations have taken place between the clubs and, although Málaga's initial response was to point to Cazorla's €45m buy-out clause and effectively discourage Arsenal's interest, the Spanish club's worrying financial situation, which could see them relegated if they do not pay outstanding debts, might force them to sell.