Arsenal: The London Based Club signs - Granit Xhaka in £35m deal - from Borussia Monchengladbach

Arsenal have confirmed the signing of Switzerland international Granit Xhaka after securing the final details of a £35million deal to bring in the midfielder from Borussia Monchengladbach.

Xhaka has put pen to paper on a five-year contract worth £110,000-per-week and has passed a medical ahead of his move going through when the transfer window opens next week.

Arsenal boss Arsene Wenger said: 'Granit Xhaka is an exciting young player, already with good Champions League and Bundesliga experience.

'We have been watching him for a long time now and he is a player who will add quality to our squad. We wish Granit a good Euro 2016 with Switzerland and look forward to welcoming him to Arsenal ahead of next season.'

Xhaka, 23, touched down in London on Thursday and completed his medical examinations before posing for photographs in the Arsenal's new home kit at their London Colney base.

The Gunners have now confirmed the £35m deal after Sportsmail reported it was close to completion last week. Arsenal chiefs wanted to get the move over the line before this summer's European Championship.

Asked whether he felt Arsenal could compete for the Premier League title next season, Xhaka said: 'I hope so. I am very happy to be here. It’s a dream come true and I’m happy.

'I remember I was young and the first game I watched was in the Premier League. It’s a big dream for me and now that I’m here I am very, very happy.'

Xhaka has been hailed for his box-to-box play and aggression in the Bundesliga and Arsenal's big outlay comes with the expectation that he will adapt quickly to life in the Premier League.

       The defensive-minded midfielder has experience of playing against top sides like Bayern Munich in Germany

'I like the style of football in the Premier League,' Xhaka said. It’s aggressive and I like the way Arsenal play football. It’s not like other countries but it’s very nice here.

'In Germany you can play aggressively but the referee will always blow his whistle, but in England that’s not the case. That’s better for me

'I like to play football. I’m an aggressive player and also a leader. I’m only 23 but I captained a good team in Germany.'

The midfielder's move to subject to the completion of regulatory processes but those are expected to be a formality.

The £35m deal for Xhaka makes him Arsenal's second most expensive signing behind the £42.5m capture of Mesut Ozil from Real Madrid in 2013.

     Xhaka gets to grips with Manchester City winger Jesus Navas during a Champions League meeting last year

The Swiss international is one of Europe's most talented prospects and had previously admitted a move to the Premier League would be a dream.

'The Premier League is not my goal, but a childhood dream. It is a dream that could be fulfilled,' Xhaka previously said.

'As of now, I am still a Gladbach player, that might change in the next weeks, or it might not.'
He is Arsenal's first outfield summer signing since the purchase of Danny Welbeck from Manchester United in 2014. Wenger did to add to his squad last year expect for goalkeeper Petr Cech's arrival.

The Gunners have been expanding their scouting operation in Germany in recent months and Xhaka is a product of their work.

Mathieu Flamini, Tomas Rosicky and Mikel Arteta are all leaving the Emirates Stadium, leaving Wenger in need of midfield reinforcements.

Earlier this week, official figures released by the Premier League showed that Arsenal pocketed almost £101million - or £100,952,257 to be precise - from the league's central funds this season.