Arsenal and Mesut Ozil have reached an agreement for the early termination of his contract with the club.

Ozil is now expected to join Fenerbahce as a free agent.

The 32-year-old, who is the Gunners’ highest earner, has not played since March after being frozen out by manager Mikel Arteta.

Ozil was not registered in Arsenal’s Premier League and Europa League squads this season and has been free to talk to other clubs since the beginning of January.

He is now expected to join Fenerbahce during the January transfer window, with the Turkish club hopeful of confirming the deal in the coming days.

The developments come after progress was made in talks between Arsenal technical director Edu, Fenerbahce director Emre and Ozil’s agent.

It is believed Ozil will forego a portion of the outstanding wages on the remainder of his Arsenal contract. The Gunners made it clear they wanted Ozil to leave in January.

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