After a below-par 2019/20 Premier League campaign, the Gunners are in need of adding fresh faces to their squad this summer in an attempt to make a push for the top-four next season.
The summer transfer window may officially only be a few days old, but no shortage of names are being linked with a switch to the Emirates Stadium.
Amongst them are Thomas Partey of Atletico Madrid, Barcelona star Philippe Coutinho, out-of-contract Chelsea winger Willian and Sporting Lisbon youngster Joelson Fernandes.
And reports linking Arsenal with a move for 17-year-old Fernandes seem to be gathering pace, with the Gunners ready to activate the release clause in the youngster’s Sporting contract.
With that in mind, here is a round-up of everything we know so far about Arsenal’s pursuit of the teenager and all the very latest developments.
Fernandes dubbed as the next Cristiano Ronaldo
If Arsenal do successfully manage to secure the signing of Fernandes this summer then they can be rest assured that they would be landing a player with bags and bags of potential.
That is because the winger, who has already made four first-team appearances for Sporting, is considered as the next Cristiano Ronaldo.
Ronaldo, of course, came through the youth ranks at Sporting many years ago and has since gone on to become one of the greatest footballers of all time.
If Fernandes can get anywhere near the standard Ronaldo, now of Italian giants Juventus, has set throughout his career, he is set for a memorable ride himself.
You can read all about Fernandes and his comparison to Ronaldo by clicking here.
Fernandes’ dream shirt number
Should the Gunners sign the Portuguese youngster this summer then all eyes would be on what shirt number he would take at the Emirates Stadium.
Nowadays, players can often be conscious of what number they take, especially if they have worn the same one right throughout their career.
So far, Fernandes, because of his relatively young career, has only ever worn two shirt numbers, but what are they?
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Gunners ready to trigger release clause
Arsenal are ready to trigger the £40.8million release clause in Fernandes’ contract, a report by the Daily Express states.
Though Arsenal in need of adding players to the squad for the here and now this summer, head coach Arteta also appears to have a watchful eye on the future as well, with Fernandes not turning 18-years-old until February.
Despite Arsenal’s financial struggles this summer, they are hopeful that they will be able to pull a deal off for Fernandes, as his agent is Kia Joorabchian, who has close ties with the Premier League club.