Sao Paulo are on the verge of signing out-of-favour Napoli forward Eduardo Vargas, despite recent reports having linked the Chilean international with a loan move to the Emirates Stadium, Sky Sports understands.
Vargas, 23, has made nine appearances for the Azzurri this season, with the 23-year-old currently behind the likes of Edinson Cavani, Goran Pandev, Lorenzo Insigne and vice-captain Marek Hamšík in the attacking depth chart at Napoli.
Although Vargas has been unable to establish himself at Napoli, a bevy of clubs are interested in the services of the former Universidad de Chile star.
However, Sao Paulo are in advanced talks with Napoli regarding the player, according to club president Juvenal Juvencio.
In fact, Juvencio has revealed that the two clubs have already agreed both ‘values’ and ‘intentions’, with only pen to paper required to lure Vargas to Brazil on an 18-month deal.
“We’ll define his signing this week,” Sao Paulo president Juvenal Juvencio told Radio Bandeirantes.
“Values and intentions have been agreed. Now we have to wait, we will have him for a year and a half.
“We believe he will be an important player for us.”
The 2011 Chilean Footballer of the Year and South American Footballer of the Year runner-up joined Napoli from Universidad de Chile for a fee of £11.5 million in January 2012.
Brady set to join Hull for £2m
Republic of Ireland international winger Robbie Brady is expected to leave Manchester United in order to join Hull City for a transfer fee of £2 million, ESPN Soccernet reports.
Brady, 20, made just one senior appearance for Manchester United.
The 20-year-old joined Hull City on loan last season, but returned for a second loan spell this term after first-team opportunities were few and far between at Old Trafford.
Watford had shown heavy interest in the Irishman, but Hull City have all but put pen to paper on the deal, according to manager Steve Bruce.
“We’re creeping along with Manchester United with regards to Robbie Brady,” Bruce told the Hull Daily Mail.
“We hope we can get it tied up and fair play to the board again because they’re doing their utmost to make it happen. For that I’m entirely grateful.
“I would hope for a bit of good news, possibly at the beginning of the week. That would be a huge addition because of how well he’s done.”
With the imminent sale of Brady on the horizon, United will have made around £3 million in the January transfer window, £2 million from selling Brady to Hull City and £1 million from the sale of Joshua King to Blackburn Rovers.