According to reports from Sky Sports, Willian has walked away from £20.5m and terminated his Arsenal contract.
Willian is expected to complete his move to Brazilian side Corinthians this week.
Willian had two years left on his £240,000-a-week Arsenal contract but the 33-year-old agreed to take a 70 per cent pay cut to return to his former club in Brazil.
The Brazil international joined Arsenal from Chelsea last August and he made 38 appearances during the 2020/21 campaign.
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