Real Madrid have agreed a deal with Flamengo over the transfer of Arsenal-target Vinicius Junior. The 16-year-old striker will join Real Madrid in a deal worth £38.7 million.

Vinicius Junior is a new hot prospect coming from Brazil and the youngster has already impressed with his skills in the U17 South American Championship. The teenager has made his senior debut for Flamengo just more than a week ago, coming on for the final eight minutes in a 1-1 draw with Atletico Mineiro.

According to reports from Brazil, both Arsenal and Manchester United were working to bring young striker to their clubs but have been left behind by the Spanish outfits Barcelona and Real Madrid – the latter of whom eventually won the race for his signature.

The deal for the 16-year-old Brazilian is now the biggest transfer fee ever paid for a teenage player. The last record holders were Manchester United who paid £36 million for 19-year-old Anthony Marital from Monaco. Manchester City signed Gabriel Jesus for £27m plus add-ons too.

Have Arsenal once again missed out on a hot prospect player by refusing to offer even better terms? Or is paying almost £40 million for a 16-year-old player simply ridiculous, regardless of whether or not Vinicius Junior does end up as a top player?

The youngster didn’t even make a full senior appearance for his club, nor has he grown physically or mentally at his age. And by moving to the Santiago Bernabeu for a huge fee, he risks becoming another Martin Odegaard should his development falter. The weight of expectation now rests on his young shoulders.