It was reported yesterday that Everton had a £30 million bid rejected by Arsenal for the Nigeria international – but now a successful offer closer to £40m has apparently been accepted.
Everton were thought to turn their attentions back to Crystal Palace winger and former Arsenal target Wilfried Zaha, but a deal wasn't possible.
Now Everton have made an improved bid at the eleventh hour that Arsenal have agreed to.
Iwobi had an impressive season in 2018/19, scoring six goals and assisting nine more in all competitions.
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