Suarez agreed to join the Gunners after talks with manager Unai Emery. If the deal is struck, he will be shunning offers from AC Milan and Valencia.
He has also been told by Barcelona coach Valverde that he is not in his Nou Camp plans this season. He also hasn’t been a regular starter at the club this season.
Suarez who has been one of Arsenal’s top targets for January played under Emery during their time at Sevilla.
The 25-year-old played a key role in Sevilla’s Europa League success back in 2015.