Arsenal close in on £20million deal for Jamie Vardy as Gunners table £120,000-a-week offer

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Arsenal agreed to meet the striker's buyout clause at Leicester on Friday and are now waiting for a decision before he joins up for Euro 2016

Arsenal aim to wrap up the £20million signing of Jamie Vardy from Leicester on Sunday.

Gunners boss Arsene Wenger made his shock move for the England star on Fridaywhen he agreed to meet the buyout clause in the 29-year-old’s Foxes contract.

England boss Roy Hodgson has asked that any transfer action involving members of his Euro 2016 squad be done before they report for the tournament tomorrow or put on hold until they have returned from France.

Now Wenger is waiting for a decision from the Footballer of the Year, whose 24 goals helped Leicester to the title.

Vardy only signed a new deal at the King Power Stadium in February and it still has three seasons left to run.

Vardy in action for England against Portugal

But, crucially, a clause was written in allowing him to talk to a Champions League club if they met the £20m figure.

Arsenal’s offer of a four-year deal would see Vardy, who turns 30 in January, pick up a salary of £120,000 a week, around £40,000 a week more than he earns on at Leicester.

And should he say ‘yes’ to the north London club, who finished runners-up to Leicester, he will be their second signing of the summer behind Granit Xhaka .

 Reuters / Andrew Boyers