Arsenal have reportedly reached an agreement with Real Madrid to re-sign Dani Ceballos on loan for the upcoming season.
The 24-year-old spent last term on loan at the Emirates Stadium too, establishing himself as an important member of Mikel Arteta's side.
Ceballos reportedly turned down three other offers in favour of returning to North London, and Arsenal are now understood to have agreed terms with Madrid.
Transfer expert Fabrizio Romano claims that the paperwork has now been signed between the two clubs, with official confirmation of the deal expected later today.
The Gunners will pay Ceballos's full wages as part of the agreement, which stretches until June 2021.
The Spain international, who had also been linked with a return to Real Betis, made 36 appearances for Arsenal across all competitions last season, scoring two goals.
