And the Brazilian would make a final resolution on his career later this week.
The two have been connected to the 22-year-old for months.
Anyone who gets the go-ahead, will have to pay 27 million pounds plus add-ons.
It is almost certain that the Brazilian defender will leave the Ligue 1 team this summer and would have been inspired by discussions with the Gunners last week.
Boss Mikel Arteta, who guided the team to the glory of the FA Cup this season, is about to make additional adjustments to his team.
The Spaniard is willing to bring a defender to his leaking baseline.
And Gunners enthusiasts were thrilled when it became known that Magalhaes’ brother and sister began following the club on Instagram.
Last week, Lille’s owner, Gerard Lopez, admitted that he lost his star man.
He told L’Equipe: “With Gabriel, we communicated and gave him a pass. He will be your club.”
The 6-foot-3-inch defender made 34 appearances in the shortened 2019-20 French season, adding up each and every minute of his team’s Champions League campaign.
© News Group Newspapers Limited in England No. 679215 Headquarters: 1 London Bridge Street, London, SE1 9GF. “The Sun”, “Sun”, “Sun Online” are registered trademarks or industrial names of News Group Newspapers Limited. This service is provided under the popular terms and situations of News Group Newspapers ‘Limited, in accordance with our privacy and cookie policy. For information about a hardware replica license, visit our distribution site. Check out our online press kit. For any additional requests, please contact us. To view all the contents of The Sun, use the site map. Sun’s online page is regulated through the Independent Press Standards Organization (IPSO)