Alexandre Lacazette for a club record fee of £46 million plus add-ons.
Lacazette is the second signing for the North London club this summer. They previously signed full back Sead Kolasinac on a free transfer.
The club confirmed the news on Wednesday, indicating that that the French striker has agreed a long-term contract with the north London outfit.
"Alexandre Lacazette has agreed to join us on a long-term contract, for an undisclosed fee," read a statement posted on the official Arsenal website.
Lacazette scored 37 goals in 45 games last season. He has scored at least 20 league goals in each of the last 3 seasons.
This is a seemingly good signing for Arsenal who need some cutting edge at the top end of the field and have managed to beat competition in getting the striker.
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