Arsenal starlet pens new deal amid Chelsea, Liverpool interest?

Arsenal have reportedly agreed a contract with highly-regarded academy player Marcelo Flores.

Since signing from Ipswich Town last year, the 16-year-old has already established himself in the Under-18 squad in North London.

The playmaker has made a total of five appearances in the Under-18 Premier League and FA Youth Cup, resulting in interest from the likes of Chelsea and Liverpool.

However, according to football.london, the Mexican has opted to continue his development with the Gunners.

Although a deal is yet to be formally announced, Flores has already revealed on Instagram that he "can't wait to start full time next year".