The Gunners are hopeful of finalising a permanent deal for the Norwegian, who impressed on loan at Emirates Stadium last term
Arsenal are close to sealing a move for Martin Odegaard move after stepping up talks with Real Madrid, Goal can confirm.
Odegaard spent six months on loan at Emirates Stadium in 2020-21, and endeared himself to Arsenal fans with his infectious energy in the middle of the pitch and eye for defence-splitting passes.
The 22-year-old returned to Real for their latest pre-season campaign in June, but Goal has reported the Spanish giants are now open to his departure on a permanent basis, with the Gunners eager to bring him back to north London.