Ivory Coast winger Nicolas Pépé is set to have a medical at Arsenal this week with the Gunners agreeing to a deal with Lille.
According to Sky Sports, the club and Arsenal reached a deal to land the 24-year-old star on Monday.
The Gunners are set to spend €80m to sign the winger, and paid by instalments to fit their budget.
He will sign a five-year deal with the North London side this summer.
The 38-year-old has called time on a 20-year career during which he played for Nice, Monaco, United, Juventus, Marseille, West Ham and the France national side.
“I went with my instinct, I just want to stop now.
“I am 38. I know I still look young but it’s time for the new generation. I am happy.”
The Frenchman says he has begun training for his coaching badges and intends to get a UEFA A license, but will take a year off before getting into a full-time coaching role.
“My playing career is officially over,” said Evra. “I started training for the UEFA B Coaching License in 2013, now I want to finish it and then go on to get the UEFA A license.
“Sir Alex Ferguson said two of my players will be great managers and he mentioned me and Ryan Giggs. It was a big compliment.
“I don’t want to do it straight away so I will work in TV and with my brand.
“I love to make people happy and laugh but when I am work I know I need to focus.
“I need maybe another year to enjoy life after so many sacrifices before becoming a manager.
“I know I can do it. I can’t dedicate myself 100 per cent right now.”