Arsenal confirm permanent signing of defender Piero Hincapie
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Arsenal have confirmed that defender Piero Hincapie will join the club on a permanent contract following his loan spell. The deal is reported to be valued at approximately £34.5 million.
Amalgamated from The Mirror (opens in new tab), The Sun (opens in new tab)
Arsenal have confirmed they will make the move for defender Piero Hincapie permanent, signing him on a long-term contract. This decision follows a period where the player joined the club on loan during the final days of the previous transfer window.
The transaction is reported by The Sun to be valued in the region of £34.5 million. Under this agreement, Hincapie will officially join the squad on July 1 and sign a contract for five years. This represents the club's first confirmed signing of the current summer period.
According to The Mirror, the decision to secure his contract was made despite interest from clubs in Spain. The report notes that the player is expected to remain at the Emirates Stadium after performing during his time on loan.