Reliable journalist David Ornstein confirmed that Arsenal left-back Myles Lewis-Skelly is close to signing a new long-term contract with the London club.

Ornstein added via his official account on X platform that the new contract will place Skelly among the highest-paid young players in the world.

Lewis-Skelly is only 18 years old and has caught attention with his remarkable talent and rapid development, prompting Arsenal's management to move quickly to secure his future, amidst interest from major European clubs, notably Real Madrid.

The source concluded that manager Mikel Arteta played a crucial role in convincing the player to renew, as he is considered a key part of the team's future project.

Skelly has played 39 matches with the Gunners across all competitions, scoring one goal and providing two assists.