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Arsenal agree £1.8m loan transfer for Martin Odegaard

Martin Odegaard is set to complete a loan move to Arsenal – Reuters

LONDON – English Premiership football side Arsenal have reportedly agreed a £1.8million loan move for Real Madrid midfielder Martin Odegaard.

The Gunners will fork out for the Norwegian’s entire £38 000-a-week wages, meaning his move until the end of the season will cost around £2.5m, according to The Times.

Mikel Arteta is believed to have personally called the 22-year-old to persuade him to move to the Emirates rather than stay in Spain with Real Sociedad, where he played last season.

Odegaard was due to fly into London on Sunday with a move expected to be concluded after a medical today.

Due to the elite sportsperson exemption from self-isolation measures, if Odegaard returns a negative Covid-19 test, he will be free to immediately join up with Arteta’s squad.


Odegaard’s deal includes no option to buy with Madrid reluctant to sell the star, but the two clubs will discuss the situation at the end of the season, transfer guru Fabrizio Romano reports.

The creative talent is also said to have turned down a move to Ajax as he seeks game time away from the Bernabeu.

Odegaard has only made three LaLiga starts and four appearances off the bench under boss Zinedine Zidane this season.

Los Blancos are reluctant to sanction a permanent deal, amid reports Zidane will leave in the summer, as club brass want a potential new boss to have the chance to use Odegaard.

Odegaard burst onto the scene as the youngest player to star and score in the Norwegian Premier League and he joined Madrid aged just 16.