Done Deal: BBC Confirm 24-year old Star Man Completes £40m Transfer

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Liverpool have completed the £40m signing of England midfielder Alex Oxlade-Chamberlain from Arsenal, BBC has confirmed.

The 24-year-old, who rejected a move to Chelsea on Tuesday after a fee had been agreed, joins on a five-year contract worth £120,000 a week.

Oxlade-Chamberlain, who was in the last year of his Arsenal contract, rejected a new deal worth up to £180,000 a week to stay at the Emirates.

He has started each of Arsenal’s four games so far this season.

Oxlade-Chamberlain has made 198 appearances for Arsenal since joining them from Southampton in August 2011, scoring 20 goals.

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