Veloso has been a target for the Gunners for most of the summer
as coach Arsène Wenger has been looking for a new midfield solution
following the departures of Gilberto Silva and Mathieu
Flamini.
It is believed that Wenger dispatched scouts to watch Veloso
in action on multiple occasions during the last season, having
received good notes of the quality of the 22-year-old, who
represented Portugal at Euro 2008.
Veloso had a €30 million release clause attached to his contract
until the 15th June, but Arsenal never confirmed their interest and
the midfielder's move to North London failed to materialise.
Reports coming from Portugal suggest that Arsenal have already
enquired Veloso to know his availability and what would be required
to bring him to Emirates Stadium.
Sporting are allegedly willing to do business for Veloso for the
right figure after learning of his interest in a new challenge.
Arsenal have already begun talks over a transfer and an agreement
could be reached in the next few days.