Arsenal & Tottenham set to miss out on Italian ace

Arsenal and Tottenham look set to miss out on Italian winger Lorenzo Insigne, with reports from the Daily Star indicating that he’s closing in on a new contract at Napoli.

Both the London clubs have been linked with the Azzurri ace in recent times, with rumours having suggested that January offers are being considered.

But now the 23-year-old looks set to put pen to paper on a new deal to keep him in Naples.

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The fresh contract is likely to run until 2019 and could include a significant release clause.

Although not signed yet, it’s likely that the agreement will be confirmed when the club’s owner, Aurelio De Laurentiis, returns from a trip to America.

The news will be a massive blow for both Arsenal and Spurs, whom were both thought to be chasing him. The Gunners were linked with a £17m move over the summer, while their local rivals have been watching the situation closely.

Insigne travelled to the World Cup earlier this year on the back of a fine 2013/14 campaign in Serie A.

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