Atlético Madrid midfielder Thomas Partey is set to sign a new deal at the Spanish club and reject a move to Arsenal.

The Ghanaian has been heavily linked with a move to Arsenal for several months, with Mikel Arteta thought to see him as the ideal addition for his midfield.

Indeed there have been numerous reports that the Gunners had already activated his €50m release clause, with his father claiming as much on several occasions and urging his son to make the switch.

Atlético have been working hard to ensure they do not lose their man and, according to Ghana Soccer Net, their efforts are about to be rewarded.

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In an exclusive, they report that Partey is ‘on the verge’ of extending his contract at the Spanish club after they offered him a significant increase in his wages.

The website explains that Partey had been targeted by Arsenal, who were ‘hopeful’ of negotiating a lower price than his £43m release clause.

However, Los Rojiblancos have offered him a new deal that will see him double his current £65,000 per week wages and increase his release clause to £87.2m.

According to GSN’ information, that has convinced the player to stay and extend his spell at the Wanda Metropolitano.

Their report states that talks his representatives managed to find ‘common ground’ during negotiations with the Atlético hierarchy, who were led by Enrique Cerezo.

He is now set to sign his new deal ‘in the coming days’ in what will come as a major blow to Arsenal and their transfer plans this summer.

Arteta has made it clear that adding a combative midfielder to his midfield is a priority, a plan that most would agree with, but that man will not be Partey, who has seemingly snubbed the interest from the Emirates to stay in Spain instead.