French striker Alexandre Lacazette has agreed to join Arsenal on a long-term contract.
The 26-year-old, who was set to join Atletico Madrid until their transfer ban, arrives at the Emirates on a five-year contract.
Arsene Wenger had been trying to get him since last summer, and after multiple unsuccessful bids, a club record offer of around €53m was finally accepted. The fee surpasses the £42.4 million signing of Mesut Ozil from Real Madrid in 2013.
Lacazette told Arsenal’s official website: “I am, of course, delighted and very proud too because Arsenal is a legendary club. Throughout my childhood, thanks to Thierry Henry and other French players, I always dreamed of playing for this club so today that dream has been fulfilled.
“The fact that the manager has been here for a while shows that it is a stable club which I like. In addition there are quite a few French players here, which makes it easier to settle in. In my opinion, Arsenal is also the club that plays the best football in England so I really wanted to come here.”
Wenger also had his say on the new signing, by adding: “We are very happy to have Alexandre join our group. He has shown over a number of years that he can score goals and that he is a very efficient finisher.
“As well, he has very interesting technical qualities and a strong character. So he is a guy who is a great addition for us, and someone who will help us challenge at the top level this season.”
As per club’s website, Lacazette is likely to make his home debut in the Emirates Cup on July 29 or July 30.