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Arsenal on the brink of £30m agreement with Real Madrid to sign Martin Odegaard as Mikel Arteta looks to secure permanent return for Norwegian playmaker ahead of deadline day

Arsenal and Real Madrid are on the brink of reaching an agreement for the transfer of Norwegian playmaker Martin Odegaard.

The Gunners had opened a dialogue with the Spanish giants earlier in the summer over a permanent deal, after Odegaard impressed on loan during the second half of last season.

Boss Mikel Arteta has remained determined to bring in a playmaker and now Sportsmail understands hands are about to be shaken on a deal worth in the region of £30million (€35m).

Martin Odegaard is set to return to Arsenal from Real Madrid, this time on a permanent deal

The deal is believed to be in the latter stages, with Odegaard primed to link up once again with the senior Arsenal squad in the coming days.