Arsenal have been handed a huge boost towards signing Borussia Monchengladbach star Marcus Thuram.

The Bundesliga club have confirmed that the 25-year-old will leave once his contract expires in the summer.

“We were in open communication with both players and knew the current status,” said Roland Virkus in an official club statement.

“It’s a shame that they won’t be extending their expiring contracts, because we’ve both given a lot in terms of sport over the past four years.

“It’s always been part of our path over the past few years to bring in such talented players, to develop them further – and at some point let them go because we can’t keep them forever,” added the Monchengladbach sporting director.

“Ideally, we’ll get an attractive transfer fee with these transfers. Of course, it’s not good that that’s not the case now.”