Emirates Stadium side clinch third high profile signing of the summer.
Santi Cazorla met his new Arsenal team-mates on Friday after agreeing a £20million move from Malaga.
The 27-year-old midfielder has passed a medical and agreed a four-year contract worth £70,000-a-week.
The Gunners will pay Malaga a basic £16m fee as part of a deal that includes various add-ons.
SOURCE: Daily Mirror
So apparently the only reason Arsenal could not officially unveil Spanish international Santi Cazorla as a new Gunners signing was due to the fact that Malaga are in such disarray due to the change of ownership that is underway at the La Liga club, that the relevant documentation to complete the move was not completed in time.
However a deal has been agreed and as this source states the 27 year old will join the North London club next week and has already met his team-mates and put pen to paper on a four year deal.
Arsene Wenger has already bagged attacking pair Lukas Podolski and Olivier Giroud and will hope that a third major signing will help prove to wantaway skipper Robin Van Persie that the North London club do have the ambition, and spending power, to push for major honours.
Cazorla had an impressive first season at Malaga, scoring a career best nine La Liga goals and becoming a focal point of Manuel Pellegrini’s attack as the La Rosaleda side secured their first ever Champions League berth.
The fee paid to land the former Villarreal man will break Arsenal’s record transfer fee spend, which came in the form of the £15m move to land Andrei Arshavin three and a half years ago.
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