The youngster has been trialling with the Gunners and featured off the bench for the U16s against Norwich City on the weekend.
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Asif, a stylish midfield playmaker, is an England U15 international.
The youngster also was spotted at Emirates stadium earlier this month and is now on the brink of landing a contract with the Gunners.
Jeorge Bird's Arsenal youth website is reporting Asif may've already been secured to a deal by Arsenal.