Denilson looks set to join former side Sao Paulo on a season long loan deal, according to ESPN Brazil.
The midfielder, who has travelled with Arsene Wenger’s first team squad on their tour of the Far East, will undertake a medical in his homeland on Monday as he eyes a swift move away from the Emirates.
Having spent the majority of last season on the bench, the 23-year-old made clear in May that after a meeting with Arsene Wenger he was free to leave the Emirates.
“I’ve simply been to see (manager) Arsene Wenger and told him how I felt – and he has agreed to let me go,” he said. “This has been the worst season of my life and I am so upset, so frustrated. I am a winner and I came here to win trophies but I’ve been here for five years and won nothing.
“A footballer’s career is over very quickly so it is time to move on. I know some people think I’m crazy. I need a fresh challenge and although I know I’m taking a big gamble I am ready to take that risk.
“I can’t see myself returning in a Chelsea shirt, or Liverpool or Manchester City – and definitely not Tottenham. I think my future will be in Spain or Italy.”
It has yet to be established whether Sao Paulo have an option to sign Denilson on a permanent deal although having cost the Gunners nearly £3.5 million in 2006 it seems likely that the Arsenal board will look to recoup a reasonable sum from the sale of a player who signed a new long-term deal in 2009.