Fulham is set to break its transfer record with an agreement to sign Emile Smith Rowe from Arsenal for an initial £27 million, plus up to £7 million in add-ons, totaling £34 million. Smith Rowe, a product of Arsenal's academy, has struggled for game time under Mikel Arteta and made only three Premier League starts last season. The 24-year-old has agreed to personal terms and is expected to complete his medical soon, potentially joining Fulham's pre-season camp in Portugal. This transfer surpasses Fulham's previous record signing of Jean Michael Seri in 2018. Arsenal has bolstered their squad with the recent signing of Riccardo Calafiori from Bologna for £42 million. Smith Rowe's departure marks a shift in Arsenal's squad dynamics as they prepare for the new season.