Arsenal have completed the signing of Southampton winger Alex Oxlade-Chamberlain for a fee reported to be worth £15m.
The 17-year-old has initially joined the Gunners on a long-term contract, costing £12m now with a further £3m in add-ons depending on appearances etc. The current English Under-21 player scored 10 goals in 41 games last season, as his side were promoted to the championship.
Arsene Wenger said: “We are looking forward to him fulfilling his huge potential with Arsenal.”
“We are delighted that Alex has decided to join us,” Wenger added. “He is an exciting young player who will provide us with creativity and offensive quality.
“Alex is a versatile player who can play in a number of positions. He can play as an attacking centre midfielder, or wide left and right.
“He is a perceptive passer of the ball, has a great understanding of the game and looks to be a very good team player.”
Oxlade-Chamberlain said: “I’m so excited to be joining Arsenal. It’s a fantastic club and I’m really looking forward to playing football at the highest level.
“Arsenal have a great manager in Arsene Wenger, top quality players and an attractive style of play. These were all important factors in me choosing to sign for Arsenal.
“I’m proud to be joining Arsenal, but I would also like to take this opportunity to thank everyone at Southampton for their help and support during the early part of my career, for which I will always be grateful.
“I’m now looking forward to meeting all my new team-mates and giving absolutely everything in an Arsenal shirt.”