Arsenal are in advanced negotiations with Sporting CP to sign Swedish striker Viktor Gyökeres and have reached full agreement with the 27-year-old on a five-year contract, according to multiple outlets including The Athletic and transfer specialist Fabrizio Romano. The player has informed Sporting that he will not entertain offers from other clubs and is prepared to miss the start of pre-season to force the move. Discussions now centre on the transfer fee. Sporting are holding out for about £68.5 million (€80 million), while Arsenal’s most recent proposal is understood to be roughly £10 million short of that valuation. Club president Frederico Varandas has rejected suggestions of a lower gentleman’s agreement and warned that the Portuguese champions will not yield to “blackmail”, but Arsenal are expected to return with an improved bid. Gyökeres scored 54 goals in 52 matches last season and has 97 in 102 appearances since joining Sporting in 2023, leading them to back-to-back Primeira Liga titles and a domestic double. Arsenal manager Mikel Arteta, who lacked a fit specialist No. 9 for much of last season, is pushing to complete the signing swiftly as he reshapes his squad after sealing deals for goalkeeper Kepa Arrizabalaga and midfielder Martín Zubimendi.