Arsenal have settled on a fee of around €80m (£72m) for Lille winger Nicolas Pepe, it has been revealed.

BBC Sport reports the Gunners will pay in installments and an agreement over a five-year deal is expected to be reached in the next 48 hours.

Pepe met with Napoli in the week with the Serie A club leading the race to secure his signature amid significant interest.

But their proposal has reportedly been rejected by Pepe's agent, who is pushing for a move to the Gunners.

Reports in Italy have suggested Arsenal are willing to pay the agents' fees and commission they desire, placing them in pole position to agree personal terms.