The North London club are very close to paying the player’s €50m release clause.
According to Fabrizio, Atlético Madrid board have received the notification of Arsenal’s desire to pay Partey’s release clause an hour ago.
It is now only a matter of time before the Ghanaian becomes an Arsenal player, although that time is indeed short.
Arsenal’s Lucas Torreira will move to the other side on loan.
The Ghana international – who has a release clause of £45 million (€50m/$58m) – has been targeted by the Gunners all summer.
The club have tried repeatedly over the past few months to sign the midfielder but Atletico did not want to sell.
However the gunners were able to secure personal terms with Partey, meaning they could have the player if they only activated his release clause.
Arsenal had initially balked at the high release clause but it seems their failure to get their other transfer target, Hassem Aouar, forced their hands.
Speaking about possible incomings after Sunday’s 2-1 win against Sheffield United, boss Mikel Arteta reassured fans that the club would be doing all they can to add to the squad before Monday night’s deadline.
“What I can guarantee is that we are doing our maximum for that to happen, whether we are going to achieve it or not, I don’t know,” said the Spaniard, when discussing the possibility of bringing in new signings.
“I cannot discuss the players that we want but we recognise certain positions that we believe we are short in. First of all in numbers and then adding different qualities to complement each other and this is what we are trying to do.
“I always try to be really honest and clear. Believe me that the ownership, the board, myself, are doing everything we can to maximise the resources we have to improve the team and to sustain and keep the players that are in this club to make this club successful.
“I have 100 per cent backing from them. It’s not just words, it’s reality. Whoever knows me, if it wasn’t like that I wouldn’t say it but I say it because I feel it and it’s true.”