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Lucas Perez has joined Deportivo la Coruna on loan for the 2017-18 season
The Spanish striker has been available all summer long, but despite a number of earlier bids from his former club, none were deemed acceptable enough for Arsenal.
Perez began his Arsenal career well, scoring goals and making assists, but these were qualities Arsene Wenger appeared not to be that impressed by, and as the season progressed he was more and more marginalised.
He did have some injury problems at inopportune moments, but in that difficult spell during the middle part of the last campaign, Wenger’s reluctance to turn to the £17.5m signing spoke volumes about his place in the squad.
The Spanish side are believed to be paying Arsenal a loan fee which could rise to €4m, plus paying a significant percentage of his wages, but there is no purchase option at the end of the deal.