Premier League side Arsenal seem set to seal a move to Bologna defender Riccardo Calafiori and the details of the move have now emerged.

Calafiori, at one point, seemed set to join Juventus but Bologna’s asking price increased and Arsenal have beaten competition from Chelsea and Bayer Leverkusen to seal the move.

La Gazzetta dello Sport (via TuttoBologna) have reported that Arsenal’s move stands at a total of €53 million and Bologna will pay 50 percent of that to Basel, who had sold the Italian to the Rossoblu initially. They are essentially making a profit of €22 million on the fee they initially shelled out for him.

Calafiori himself preferred Arsenal over Chelsea and he will earn €4 million per season in his deal at the Emirates. The Italian’s price tag increased during the Euros and this made sure that Juve’s candidature failed and Arsenal emerged as a key contender.

Kaustubh Pandey I GIFN