Alex Iwobi is on the verge of £20m Fulham switch as Arsenal miss out on sell-on fee

• Alex Iwobi is nearing a £20 million move to Fulham, affecting both his current club, Everton, and his former club, Arsenal.
• Everton are eyeing West Ham’s Maxwel Cornet as a possible replacement for Iwobi.
• The fee for Iwobi means that Arsenal will not benefit from a sell-on clause.

Alex Iwobi, the Nigerian winger formerly of Arsenal, is on the brink of a £20 million move to Fulham.

The transfer raises eyebrows not only for its impact on Everton, where Iwobi played a central role last season, but also for Arsenal.

The North London club will not profit from a sell-on clause due to the reduced fee for Iwobi, who left the Emirates for Everton for a deal reportedly around £28 million plus £7 million in add-ons.

Currently sidelined due to a hamstring injury, Iwobi’s absence was felt in Everton’s recent 1-0 defeat to Wolves.

Despite this setback, Fulham are advancing steadily with the transfer deal. Iwobi’s potential move would significantly impact Everton, where he played a pivotal role in helping the club avoid relegation last season.

To fill the void left by Iwobi, Everton are eyeing out-of-favour West Ham winger Maxwel Cornet as a possible replacement.

Cornet moved to West Ham from Burnley last summer but has struggled to secure a regular spot in David Moyes’ line-up, seeing just one minute of action in their first match against Bournemouth this season.

Iwobi’s stats tell a tale of consistent but not spectacular performance; during his time at Arsenal, he appeared in 149 games, scoring 15 goals and assisting 25 times. At Everton, he has tallied 140 games, netting nine goals and contributing 16 assists.

Everton are eager to move forward in light of Iwobi’s anticipated departure and the injury issues that have sidelined him since mid August. The exact timeline for his return remains uncertain, but what is clear is that his imminent move to Fulham signifies a key moment in this summer’s transfer window dynamics, affecting not just one but three Premier League clubs.

Iwobi’s likely departure raises questions about Everton’s midfield and attacking options, but it also holds financial implications for Arsenal, who will not be able to cash in on their former player’s move.

That being said, Arsenal sold Iwobi for around £10m over his value in 2019.