Arsenal have reportedly agreed personal terms with Philippe Coutinho ahead of a proposed move to the Emirates Stadium this summer.

The Brazil international is still on loan at Bayern Munich but is due to return to parent club Barcelona following the German club's participation in the Champions League.

Coutinho is allegedly surplus to requirements at Camp Nou, though, and the speculation surrounding a potential move to Arsenal has gathered pace in recent days.

According to Catalan Sport, the Gunners have now agreed personal terms with the South American, who is set to arrive at the Emirates Stadium on a season-long loan deal.

The 28-year-old has been in good form for Bayern this season, scoring nine times and contributing eight assists in 34 appearances in all competitions.

Meanwhile, Coutinho netted 41 times in 152 Premier League appearances during his time with Liverpool.