Arsenal have agreed a deal with Nice for a season-long loan, football.london understands.
The Ivorian arrived as the Gunners club record signing back in 2019 for a fee of £72 million and has gone on to make 112 appearances, scoring 27 times and helping the club to FA Cup success in 2020. However, he has fallen out of favour under Mikel Arteta and failed to start a single game for Arsenal after returning from the Africa Cup of Nations in January of this year.
Despite featuring in pre-season, Arsenal were open to letting the 25-year-old leave and have agreed a deal to allow Pepe to join Nice for the season without an option to buy. The move is now expected to progress quickly and football.london understands that it is likely to be completed within the next 48 hours.