Juventus have struck a deal with Fiorentina and Dusan Vlahovic to sign the Serbia forward this month.
The 21-year-old striker had been heavily linked with a mega-money move to Arsenal, with the Gunners making him their No 1 target.
But Guardian journalist Fabrizio Romano has claimed the Serie A giants will now land the 14-cap Serbia international in a deal worth £62.4million (€75m).
He also claims adds on are included in that fee and that Vlahovic will earn £5.8m (€7m) per season net at the Allianz Stadium.