Arsenal announced on Sunday evening via the club´s official website that they have finally reached agreement with Barcelona for the transfer of Spanish midfielder Cesc Fabregas, who will sign a five-year contract at the Camp Nou.
Andoni Zubizarreta, Barca director of football, has also confirmed in an interview with television station
Barcelona will pay Arsenal €40m, of which €29m will be fixed with another €6m in add-ons, while the remaining €5m is the sum which Fabregas has agreed to relinquish in wages over the next five years – €1m per season – which Barca have subsequently invested in his signing.
The 24-year-old midfielder becomes boss Pep Guardiola´s second signing of the summer following the capture of Udinese´s Alexis S