The Sporting Lisbon keeper had been the subject of a £10million bid from the Premier League side back in May, but Sporting rejected the bid as they wanted £13m.
Patricio was set to provide competition for Wojciech Szczesny, who was dropped midway through last season.
But now it seems that Monaco are closing in on the Portuguese man’s signature, despite not initially meeting Sporting’s £13million asking price. Reports suggest that instead Monaco will pay £9m for the stopper, with a series of add-ons and bonuses. Monaco will have to pay Sporting Lisbon £2.5m once Particio plays 30 games for his new team and a further £8.5m if the club wins Ligue 1 during his time in the principality.
It’s thought the deal will include payments based on Champions League qualification and progress as well.
Although it is another transfer target that Arsene Wenger has missed out on, it has still left the door open for another goalkeeping option. Monaco, like Arsenal, had been linked with Barcelona goalkeeper Victor Valdes, who has just one year left on his contract.
But with Monaco close to signing Patricio, Arsenal could run unopposed in a battle with Barcelona for Valdes’ signature.
Have Arsenal missed out on Patricio? Does Szczesny need competition?
Share your thoughts below!
[cat_link cat=”arsenal” type=”grid”]