Arsenal are in line to complete a deal for Ademola Lookman amid speculation that he is set to be sold by Charlton, Daily Mail reports.
The 18-year-old striker is also being linked with a number of Premier League sides as Tottenham Hotspur, Manchester City, and Crystal Palace are all said to be monitoring his situation.
However, the Championship side are expected to hand him a new four-year deal, but is already considering his sale as they look to benefit from his potential departure.
Charlton have been struggling heavily this season as they sit bottom of the table, picking up a total of 17 losses from their last 32 matches.
Lookman could be sold to the highest bidder if his current side fails to avoid relegation as the Gunners line up a potential move for his services.
The forward has already featured 12 times since making his league debut this term, so far managing to score four goals in the process.