Arsenal have reportedly seen off competition from their rivals for Queens Park Rangers striker Loic Remy by agreeing personal terms with the 27-year-old.
The France international, who spent last season on loan at Newcastle United, attracted the attention of a lot of teams including Liverpool and Tottenham Hotspur, after scoring 14 goals from 24 appearances in the Premier League.
However, according to Sky News Radio, the Gunners have now won the race for Remy by agreeing personal terms with the former Marseille man and a £10m transfer fee with the Rangers.
The addition will certainly bolster the Gunners' attack, which is currently being led by Remy's fellow Frenchman Olivier Giroud.
The move does not come a big surprise as Remy had earlier stated that he was looking to play for a top European club in the near future.
"I want to join a great European club, to play at the highest level," Remy said in April.
The striker was also seen at the Emirates during Arsenal's league game against West Bromwich Albion on 4 May.
Arsenal want to bring back Fabregas
Meanwhile, Arsenal are reportedly preparing to snap up estranged Barcelona midfielder Cesc Fabregas and bring him back to the Emirates, according to the Mirror.
The Gunners are reportedly ready to splash £30m for the 27-year-old, who has been allowed to leave by Barcelona.
However, Arsene Wenger will face some competition for Fabregas as Premier League champions Manchester City are also reportedly interested in the Spanish playmaker. With Yaya Toure's future at the Etihad uncertain following his recent birthday row, the Citizens are reportedly eyeing the former Arsenal skipper as a replacement for the Ivorian.
Though City have been handed a restricted £49m summer transfer budget by the UEFA, as a punishment for breaking the Financial Fair Play rules, they may still be willing to spend a significant amount to land Fabregas.
Also, Fabregas' "home grown" status will help the Citizens comply with UEFA's other restriction, where they need at least four players, who have spent some time at an English academy, in their restricted 21-man Champions League squad.
However, Arsenal are still favourites to get Fabregas this summer due to an alleged buy-back clause in the Spaniard's contract. The clause states the Gunners will get the first refusal rights over Fabregas, if Barcelona decide to put him up on the transfer market.