Arsenal have confirmed the club-record signing of Alexandre Lacazette from French Ligue 1 Lyon.An official statement on Arsenal website read: "Alexandre Lacazette has agreed to join us on a long-term contract, for an undisclosed fee."He is expected to travel with the tour party to Sydney this weekend and is likely to make his home debut in the Emirates Cup on July 29 or July 30. The deal is subject to the completion of regulatory processes."
Reacting to his second major signing of the summer, Gunners boss Arsène Wenger said: "We are very happy to have Alexandre join our group. He has shown over a number of years that he can score goals and that he is a very efficient finisher. "As well, he has very interesting technical qualities and a strong character. So he is a guy who is a great addition for us, and someone who will help us challenge at the top level this season."
The France international had verbally agreed to join Atletico Madrid this summer but that deal collapsed last month after Atletico's transfer ban was confirmed by the Court of Arbitration for Sport.