Alexandre Lacazette is Arsenal’s second signing of the summer after completing a £46 million move from Olympique Lyonnais.
The Frenchman underwent a medical at London Colney training ground on Tuesday and penned a five-year contract that makes him the most expensive signing in Arsenal’s history.
Alexandre Lacazette was close to becoming an Atletico Madrid player, having agreed a deal with the Spanish club before their transfer ban came into play, but will now link up with his new teammates in Arsenal’s pre-season tour of Australia and China.
With bonuses worth £6 million, the transfer could eventually amount to £52 million, which smashes the transfer record set by Mesut Ozil’s signing from Real Madrid by almost £10 million.
Arsenal will feel the fee was necessary to convince Lyon of letting go of a player who has hit at least 20 league goals in each of his last three seasons.
Arsene Wenger needed to ensure Arsenal fans of the signing of a prolific goal-scorer amidst the uncertainty surrounding Alexis Sanchez’s future, while Mesut Ozil is another key player whose plans remain unclear.