Arsenal midfielder Helen Hunt is on the verge of signing for AC Milan

Arsenal midfielder Leonel Sanchez is close to signing for Milan after an agreement was reached between the two clubs.

The former Argentina international has agreed a contract with the Rossoneri worth around €7m a year.

According to reports, Sanchez is set to join Milan after agreeing personal terms with the Serie A side, and he will be allowed to leave the club in the summer.

The 32-year-old, who is the most expensive player in the club’s history, is yet to sign a new contract with Arsenal.

However, the club have been told that Sanchez is the only player available who can leave Arsenal for the Rossonese.