Alex Oxlade-Chamberlain has sealed his dream switch to Arsenal for £15million, according to the Southampton club's website.
Southampton had initially been reluctant to sell their most prized asset, but after the midfielder made it clear he wanted to move to the Emirates Stadium, they accepted an offer which breaks the previous record for their highest transfer income.
The transfer is still subject to Premier League and FA approval.
Arsene Wenger will now concentrate on bringing in a centre back after Thomas Vermaelen was injured at the weekend.
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