Arsenal have agreed a £10.9million ($17.2 million) fee for Chelsea goalkeeper Petr Cech, according to reports.
The fee was one of the key elements outstanding as Arsenal edge closer to finalizing the transfer of the Czech Republic international.
Sky sources understand that Cech has already agreed personal terms in principle with Arsenal, but no final deal has been announced by either club.
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If the deal goes through, as is now widely expected, Cech could be eligible for Arsenal’s first game of the season – the Community Shield on August 2 when their opponents will be Premier League champions Chelsea, where Cech has won a string of major honors in an 11-year spell at Stamford Bridge.
The transfer will be a cash only deal, with Chelsea’s request to receive a home-grown player as part of the proposed transfer no longer being considered.
Cech is said to be grateful to Chelsea owner Roman Abramovich for allowing him to move to whatever club he chooses, even though that is now set to be London and title rivals Arsenal.
The 33-year-old has one year left on his contract at Stamford Bridge but has been searching for a new employer after spending much of last season as second choice ‘keeper behind Thibaut Courtois.
Chelsea captain John Terry said on Monday that he believes Arsenal will be buying an extra 12-15 points a season if they complete a deal for Cech.