OFFICIAL: Arsenal announce Lucas Perez signing

Arsene Wenger's side confirm the arrival of the 27-year-old Spanish forward from Deportivo La Coruna, with the manager praising his new man's "good eye for goal"

Arsenal have completed the signing of forward Lucas Perez from Deportivo La Coruna.

Manager Arsene Wenger confirmed on Saturday that the 27-year-old, along with Valencia defender Shkodran Mustafi, had agreed terms, with the official confirmation on Tuesday.

The Premier League club have not revealed any details surrounding the fee - believed to be in the region of £17million - or the length of the deal.

"He's not only a goalscorer, he's a guy who combines well with partners, who can give a final ball and makes good runs," Wenger told Arsenals' official website.

"He's got a good eye for goal and had an outstanding season last year."

Wenger had come under pressure for a perceived lack of activity in the transfer market, with Gunners fans getting restless having gone without a Premier League title since 2004.

Perez plied his trade for several clubs across Europe, including Rayo Vallecano, Karpaty Lviv and PAOK, before joining Deportivo, initially on loan, in 2014.

The 27-year-old, renowned for his pace and work rate, scored 17 goals in 36 league appearances for the club last season, while also providing 10 assists.

Wenger: I am 99 per cent confident of new Arsenal singings

The manager confirmed deals for Shkodran Mustafi and Lucas Perez are close to completion, while Alex Oxlade-Chamberlain and Calum Chambers can depart
Arsene Wenger is "99 per cent" confident Arsenal will sign new players for the end of the transfer window.

Offers of €40m and €20m were accepted for Mustafi and Perez respectively on Thursday and the pair will now travel to London to undergo a medical.

“We are working on the deals, but we are not close enough to announce today," Wenger told reporters.

“Will we sign anyone before the window closes? I’m 99 per cent confident.”

He added: “It was a strange transfer market, I expected it to be easier than ever, but it has been more difficult than ever.

“It looks like it will be frenetic in the last three days, everyone has sat on their money but we know they will all splash out now.”

The two incoming deals paves the way for Alex Oxlade-Chamberlain and Calum Chambers to leave on loan, though Wenger insisted neither will be sold and no further incomings will happen.

“We have a big squad, we cannot have more players anyway," he concluded.