And the club’s billionaire shareholder Alisher Usmanov has also urged manager Arsene Wenger to keep splashing the cash with a move for Wayne Rooney.
It was earlier this month that Arsenal chief executive Ivan Gazidis said the club were now in a financial position to be pursue Europe’s more expensive players, and so appease supporters long frustrated by Wenger’s more frugal approach in the transfer market.
Key recruit: Argentina striker Gonzalo Higuain is on his way to Arsenal
It is understood the 25-year-old has agreed a four-year contract, which inclusive of bonuses is worth up to £150,000 per week.
And the clubs have now virtually agreed a £22million fee for the striker, who has scored 117 goals for Real since his arrival from River Plate in 2006.
Only the fact the Spanish club do not have a manager in position to sign the deal off is delaying the completion of the transfer.
On his way? Wayne Rooney may yet join Higuain at Arsenal
The signing of such a stellar name as Higuain provides evidence that the Gunners, after years of light spending in the transfer market, can now compete for some of the world’s top stars.
Higuain will become Arsenal’s most expensive ever signing, surpassing the £15million paid to Zenit St Petersburg for Andrey Arshavin.
He will also be the club’s top earner, overtaking Theo Walcott and Lukas Podolski, who earn in the region of £100,00-per-week.
Usurped? Theo Walcott and Lukas Podolski will no longer be the club's top earners when Higuain arrives
As revealed by Sportsmail last month, Wenger has a concrete interest in the unsettled Manchester United striker, despite the fact his £250,000-per-week wages would provide a major stumbling block towards a shock move.
The pending signing of Higuain makes a move for Rooney less likely, but Usmanov said: ‘He is a great player and [joining Arsenal] would be great for Rooney, and Arsenal too.’
If Rooney does leave Manchester United this summer, Chelsea remain the favourites to sign him.
Change in policy: Arsene Wenger is now finally splashing the cash
He believes he is more likely to fulfill his ambitions with the Europa League winners, while Chelsea are also more capable of matching his £250,000-a-week wages.
Rooney told United he wanted to go before the end of last season and is unlikely to change his mind despite the appointment of his old Everton manager David Moyes as Sir Alex Ferguson’s replacement.
He is currently on holiday and has not yet had a proper discussion with Moyes about his future, although the two men are expected to meet on his return.
Incoming? Thiago Alcantara is a target of Manchester United
United, meanwhile, are close to signing Barcelona’s Spain Under 21 midfielder Thiago Alcantara, who has been offered wages of £5m a year.
Source: Sportsmail
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