Only the paperwork remains to complete Tommy Setford’s transfer from Ajax to Arsenal, with the Gunners reportedly hoping to announce the move this week.

Mike Verweij of De Telegraaf reports that Arsenal and Ajax have agreed on a fee for the transfer of young goalkeeper Tommy Setford, and they now only need to complete the paperwork.

Verweij adds that Arsenal hope to confirm the signing this week, with Setford signing on a contract until 2028.

Ajax reportedly would have preferred to keep Setford, but he was in the final year of his contract, so they felt they had to cash in. Arsenal presented him with a tailored long-term sporting plan, and they evidently did enough to convince him.

Fabrizio Romano reports that Arsenal have booked a medical for Setford, confirming that the player will join on a four-year deal.

Sami Mokbel of the Daily Mail had previously reported that Arsenal would do the deal for a fee of around €900k (~£750k).

Mokbel added that the young goalkeeper will earn up to €4m (£3.36m) over the course of his contract.

The goalkeeper will be Arsenal’s third summer signing in the same position, having already brought in Lucas Nygaard and David Raya.