Olivia Smith is set to become the first player in the women's game to command a transfer fee of £1 million as Arsenal seek to secure her signature from Liverpool, a source has told ESPN.

Arsenal have had a world-record bid in excess of £1m accepted by Women's Super League rivals Liverpool for forward Olivia Smith. The current world record is the £900,000 Chelsea paid to sign United States defender Naomi Girma from San Diego Wave in January.

Arsenal are set to become the first club in women’s football history to spend £1m on a female star with Olivia Smith due to complete a move from Liverpool to North London