Arsenal have completed the signing of Real Madrid midfielder Dani Ceballos.
The Spaniard has joined the Gunners on loan until the end of the season and has been brought in as Aaron Ramsey's replacement.
Arsenal beat bitter north London rivals Tottenham to Ceballos' signature.
Gunners head of football Raul Sanllehi recently arrived back in the UK from America, where Arsenal are on tour, to thrash out the transfer for the 22-year-old.
Unai Emery said: “We’re excited to see Dani join us. He is a talented player with big technical ability, creativity and precision.”
Ceballos said: "I’m really proud to be able to wear this shirt. I’m joining an historic Premier League side and it’s a step forward in my career.
"I knew I had the confidence of the coach, which was very important for me from the start.
"I was aware of the responsibility that wearing this shirt entails and it was a tremendously proud moment when I decided to join Arsenal."
The Emirates club will now turn their attention to left-back Kieran Tierney.
The Celtic defender is a £25million Arsenal target and is expected to join Ceballos in north London.
Wilfried Zaha is also on Arsenal's radar this summer but it appears the Gunners have been priced out of a move for the forward.
Crystal Palace are refusing to budge on their £80million valuation - a fee the cash-strapped Gunners cannot afford.
