German newspaper Bild reported the transfer fee was in the region of €25 million.
Arsenal are closing in on the £48 million double signing of Bayer Leverkusen goalkeeper Bernd Leno and Uruguay midfielder Lucas Torreira as new manager Unai Emery continues to overhaul the defensive spine of his squad.
Arsenal have been locked in talks with Leverkusen over a deal for Leno for several weeks and the goalkeeper is poised to make the switch to the Emirates. Both goalkeepers have one year remaining on their contracts and, while Cech has generally been the number one, has had a mixed season.
It looks like a transfer is now on the verge of completion as the Metro are citing a report from SportBild that claims Arsenal will formally unveil Leno as our latest new signing at some point on Tuesday.
The 26-year-old is expected to sign a five-year deal and the move could be finalised later this week, sources said.
Leno has spent the past seven seasons at Leverkusen, making 233 appearances for the Bundesliga club.
The 30-year-old centre-back has been tipped for a move to Arsenal for several weeks after refusing to sign a new contract at the Westfalonstadion and with just one year left on his deal, Dortmund have chose to cash-in.