Alex Iwobi has left Arsenal to join Everton in a deal worth up to £40 million.
News broke yesterday of the Toffees interest in the Nigeria international and it was reported that we rejected a first offer of £30 million.
Having failed to sign Wilfried Zaha, the Merseysiders decided to return with a better offer on deadline day and, somewhat surprisingly, we accepted, with a £28m fee reported rising to £40m based on appearances and achievements.
Iwobi has been on the club’s books since he was at primary school and has scored 15 goals and made 27 assists in 149 appearances.
At the end of a window that has seen us break our transfer record and shop more widely, it looks as though we’ve taken the opportunity to sell Iwobi to balance the books.
It’s no secret we’d probably rather have sold Mesut Ozil or Henrikh Mkhitaryan but with their enormous wages that was always going to be tough.
If the figures being quoted are correct, Alex Iwobi will be Arsenal’s record departure ahead of Marc Overmars, Alex Oxlade-Chamberlain, Nicolas Anelka and Cesc Fabregas.