Paulo Dybala Edgar Osvaldo Palermo
Paulo Dybala (L) is reportedly closing in on a summer move to ArsenalReuters

Arsenal  are set to complete the signing of one of the brightest young talents in the game – Paulo Dybala – in the summer transfer window.

Dybala has been linked with a move to the English Premier League of late, with Arsenal, Manchester United  and Southampton reportedly tracking the Argentine striker.

Arsenal look like winning the race for the 21-year-old, with Arsene Wenger reportedly opening talks with Palermo over a summer transfer, according to Fichajes.

Palermo want to keep Dybala for the rest of the season, rather than sell the player for €40 million (£31 million) in the January transfer window.

According to the report, Arsenal are ready to wait until next summer to seal the signing of Dybala with Palermo reducing the transfer price as a result.

The report also suggests, talks are ongoing between the two clubs and a deal could be agreed in the coming weeks.

While the last thing that Arsenal need at the moment is a striker, Gooners have cause to be excited at the possible signing, as Dybala has been tipped for great things.

Former Manchester United and Everton defender Phil Neville, earlier this week, praised Dybala on Twitter after watching him play for Palermo.

"Watched a player last night who's going to be a star. Palermos Argentine Dybala remember the name!! Neville said on his Twitter account.

Palermo also obviously rate Dybala, who has been compared to Sergio Aguero, pretty highly, hence the big asking price. Indeed Palermo owner Maurizio Zamparini believes Dybala has the potential to become the best player in the world.

"Within two years, he's going to be better than Cristiano Ronaldo, Lionel Messi and Zlatan Ibrahimovic," Zamparini told Mediaset.

"It would take €40m (£31m) to take him away from us. He's the best striker in Serie A."

Potential is something that Wenger can work with at any time, and even if Arsenal only just bought a young striker in Danny Welbeck with great potential, bringing in another forward who, if the hype is even remotely real, can reach anywhere close to the heights of the above mentioned players, might not be that bad an idea.

Despite the problems at the back, Arsenal have, at times, also struggled in front of goal as well, and after seeing one South American (read Alexis Sanchez) take to the club and the English Premier League like a duck to water, Wenger will hope someone like Dybala can do the same.