Arsenal has completed the signing of Swedish striker Viktor Gyokeres from Portuguese club Sporting for €73m (£63m).
The 27-year-old has signed a five-year deal with the Gunners after the move was delayed due to negotiations between the clubs over add-on payments.
The final sum consists of a €63m transfer fee plus €10m in addition.
The move brings Arsenal’s summer spending to about £204m, following the arrivals of Martin Zubimendi, Kepa Arrizabalaga, Christian Norgaard, Noni Madueke, and Cristhian Mosquera.
“Viktor has so many qualities. He is a quick and powerful presence up front, with incredible goalscoring numbers at both club and international levels,” said Gunners boss Mikel Arteta.
“He brings a clinical edge with a high conversion rate of chances into goals, and his intelligent movement in the box makes him a constant threat.
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“We’re excited about what Viktor brings to our squad and are looking forward to starting to work with him.”
BBC Sport revealed at the start of the month how Arteta’s side had turned their attention to Gyokeres after hitting an impasse in their bid to sign Benjamin Sesko from RB Leipzig.
Gunners sporting director Andrea Berta flew to Lisbon to lead negotiations with the Portuguese club.
The deal concludes the long-running saga over Gyokeres’ future, after he was linked with Manchester United earlier this summer.
Gyokeres failed to report back to Sporting for pre-season earlier this month, and the club’s president, Frederico Varandas, said the player would face disciplinary action.