Arsenal chiefs believe Newcastle United's offer for Joe Willock is too good to turn down.
Newcastle are closing in on a deal to sign Willock on a permanent transfer, after agreeing a fee with Arsenal.
The Athletic says a deal in excess of £20million has been okayed by Gunners bosses.
Arsenal feel that kind of money is too good to turn down for someone they consider as a squad player.
Mikel Arteta had drafted the 21-year-old back into his squad for pre-season training, but there was still a feeling that opportunities could be scarce for him at the Emirates.
Arsenal are in need of outgoings in order to fund their own ambitious transfer plans for the remainder of the window.
