Arsenal are in talks with Torino over a loan deal for Lucas Torreira with an option to make it permanent next summer, according to a report.

BOURNEMOUTH, ENGLAND: Lucas Torreira of Arsenal arrives at the stadium prior to the FA Cup match on January 27, 2020. (Photo by Justin Setterfield/Getty Images)

Sky Sports report that Arsenal are in talks with Torino over a loan deal for Torreira. The loan would contain an option to make the move permanent, with Torino paying Arsenal £22m over two equal instalments. Fiorentina also have an interest in the deal.

Earlier this week, reports in Italy suggested Arsenal were actually in agreement with Torino for the €24m transfer of the player.

Calciomercato reported that Arsenal reached an agreement to sell Lucas Torreira to Torino for €24m. They added that the formula of the deal is likely to be a loan with an obligation. The Serie A side will pay €12m upfront with another €12m in a year.

Torreira is no longer in Mikel Arteta’s plans, and the player reportedly wants to reunite with Torino boss Marco Giampaolo.

According to the same source, Torino are able to fund the move due to the impending sale of Armando Izzo to AS Roma.

Tuttosport (via Independent) added that Arsenal would accept a £22m bid for Torreira this summer, and Torino are willing to pay it. The Gunners then plan to reinvest that money in another midfielder.

Torino’s club president already confirmed their interest in Torreira is genuine. Reliable Italian reporter Francesco Porzio also reported he expects the midfielder to join either Torino or Fiorentina this window.

Hopefully, we’ll see some progress in the coming days and we can move onto the Houssem Aouar/Thomas Partey pursuit.