Arsenal are said to have agreed a £3.2m fee for the transfer of goalkeeper David Ospina from Ligue 1 club Nice.
According to L'Equipe, the Gunners have already reached an agreement with the French club and the Colombian international is set to move to the Emirates to challenge Wojciech Szczesny for the number one spot.
Arsene Wenger had recently confirmed that he is looking to sign a goalkeeper, as the Pole was the only experienced keeper in the squad following the departure of Lukasz Fabianski to Swansea City.
Ospina will be Arsenal's third signing of the summer after the arrivals of Alexis Sanchez and Mathieu Debuchy.
The Colombian international, who starred in his country's run to the quarter-finals of the World Cup, has also been a key player for Nice. In the two seasons between the 2012 -2014 seasons, Ospina conceded just 50 goals in 55 Ligue 1 games. However, when he was not in the team, the French side conceded 40 goals in 21 league games.
The 25-year-old goalkeeper had a slew of offers from other European clubs, mainly from La Liga side Valencia, but it is said that he preferred a move to England with Arsenal.
It is claimed that the Gunners have already discussed personal terms with the player and he is set to complete his medical in the next 72 hours, and join the north London team for their tour of the USA.
Meanwhile, the Gunners boss feels that it is the perfect time to go to the US, as he believes the American public are now more aware of football and more so about the Premier League. The manager also claims it has been his dream to go to America with the Arsenal team.
"I can tell you something I'm completely convinced of - before people didn't know who you were, but now every American guy I met knows Arsenal, knows England and knows the Premier League," Wenger told Arsenal's official website.
"The enthusiasm about soccer in the States is new but big. I expect us to have a good crowd there.
"It is the perfect time to go. I always wanted to go with Arsenal to the United States, so I'm personally very happy to do it," the Frenchman added.