The 16-year-old is the third youngest player in Premier League history behind Arsenal duo Max Dowman and Ethan Nwaneri, having made his professional Leicester debut aged 15 years and 271 days.
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According to The Athletic, Mikel Arteta’s side have entered ‘club-to-club’ talks with Leicester to get a deal over the line.
It’s understood that while other Premier League sides were interested in the young winger, he only ever wanted a move to Arsenal.
Arsenal want to pay a fee that both parties are happy with, rather than letting it be decided by a tribunal.