ARSENAL has completed the signing of Alexandre Lacazette from Lyon, reportedly for a club-record fee.

The 26-year-old’s long-awaited arrival was officially announced Wednesday, the striker signing a long-term deal after the Gunners paid a fee believed to be in the region of 60 million Euros (US$68 million).

That sum outstrips the 44 million Euros Arsenal paid to Real Madrid for Mesut Ozil in 2013.

“The deal is subject to the completion of regulatory processes,” Arsenal said in a brief statement.

Lacazette arrives on the back of his most prolific season, scoring 37 goals in 45 games across all competitions.

His arrival at Emirates Stadium may well pave the way for Olivier Giroud to leave, though the striker has expressed a desire to stay despite being linked to Marseille, West Ham and Everton.(SD-Agencies)