Alex Iwobi is on the verge of a dramatic record breaking move to Everton.
The Toffees saw a £30 million bid rejected by Arsenal for the winger on Wednesday, but returned with a new offer on Thursday ahead of the 5pm summer transfer deadline.
Arsenal accepted the bid, which could eventually total up to £40m, and paperwork has now been filed to the Premier League by the Goodison Park outfit asking for an extension to get the deal done.
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The Premier League has stated that six deal sheets were submitted before the 5pm deadline and the clubs working on those deals now have until 7pm to get them over the line.