Arsenal have agreed a deal to sign Gabriel Martinelli from Ituano.
According to UOL, the Brazilian forward is a key target for the Gunners this summer.
They see the 17-year-old has a huge talent, with several Brazilian and European teams on his trail.
However, the source claims Arsenal have emerged as the victors in the race for his signature.
It is unclear if Martinelli will go straight to Arsenal or spend time on loan in his native country for one or two years.