Arsenal and Real Sociedad reach agreement on Merino transfer fee

La Real president Jokin Aperribay traveled to London this week for talks with Arsenal.

BBC Sport says the two clubs have reached an agreement over a fee rising to  £32.6m.

Merino's La Real deal has less than 12 months to run and his fee breaks down to  £28.4m plus £4.2m in bonuses.

The Spain Euros winner has been training away from Imanol Alguacil's senior squad this week in anticipation of Aperribay reaching an agreement with his Arsenal counterparts.