Standard Sport understands that sell-on clause was significant and Arsenal are now set to benefit as Biereth closes in on a move to Monaco. The French club have agreed to pay £10.8m up front for the striker, with a further £1.75m in add-ons, and he is now due to undergo a medical.

Monaco and Sturm Graz have reached an agreement worth €15m for the signing of Danish centre-forward Mika Biereth (21), according to a report from Foot Mercato. The 21-year-old has reportedly

Monaco are set to pay Sturm Graz £10.8M plus a further £1.75M in add-ons. As a result, Arsenal are going to claim a decent chunk of change through a sell-on fee. Per Evening Standard, they will get a seven-figure sum that can be put towards their own transfer moves.

Monaco have agreed a deal with Sturm Graz for the signing of forward Mika Biereth. Monaco are set to pay an initial fee of €13million (£10.8m, $13.4m) for the 21-year-old, with an additional €2m in potential add-ons.

Mika Biereth (21) has completed his medical ahead of the completion of his move to AS Monaco, according to a report from Fabrizio Romano. As reported by Foot Mercato on Thursday, Monaco reached