Arsenal have not always spent big, with Arsene Wenger famously frugal when it comes to dealings in the transfer market, but they have loosened the purse strings of late to bring some world-class talent to Emirates Stadium. Who, though, are the club’s most elaborate purchases? Goal takes a look at the top 10...
ALEXANDRE LACAZETTE - £46.5m
The France international became Arsenal’s record signing in the summer of 2017 after joining on a five-year contract from Lyon.
Lacazette had proven himself as a consistent goalscorer during his time in Ligue 1 and had been a long-term target for Arsenal manager Arsene Wenger.
MESUT OZIL - £42.5m
Has claimed three FA Cups with the Gunners and also become a World Cup winner during his time in north London, with no player managing more Premier League assists over the last four seasons than his haul of 42.
ALEXIS SANCHEZ - £35m
The Chilean star was used more as a central striker in 2016-17 and, despite seeing his future called into question on a regular basis, responded with the first 30-goal haul of his career.
SHKODRAN MUSTAFI - £35m
Having sought to solve their midfield issues with the signing of Granit Xhaka in 2016, the Gunners also looked to shore up their defensive unit by bringing in a World Cup winner.
A man who had previously spent time on the books at Everton settled quickly in north London and forged a productive partnership with Laurent Koscielny – helping to cover the absence of German compatriot Per Mertesacker through injury.
GRANIT XHAKA - £34m
With the Gunners having struggled down the years to replace some iconic figures in the box-to-box midfield department, big money was spent to land the Switzerland international from Borussia Monchengladbach.
Disciplinary problems continued to haunt him early on during his debut season in England, but he matured as the campaign progressed to show his true colours over the final weeks – including in a FA Cup triumph.
JOSE ANTONIO REYES - £17.4m
The most expensive signing in Arsenal’s history until a recent loosening of the purse strings at Emirates Stadium.
The Spaniard joined from Sevilla in January 2004 and helped the ‘Invincibles’ to the Premier League title before going on to taste FA Cup glory the following season and gracing the Champions League final in 2006.
LUCAS PEREZ - £17.1m
A 17-goal season at Deportivo La Coruna convinced Arsenal to make their move in the summer of 2016, but the Spaniard struggled for game time up against Alexis Sanchez and Olivier Giroud, and managed just seven goals in 21 appearances.
Looked bright when offered an opportunity to impress, but grew frustrated at a lack of minutes and could be moved on just 12 months after his arrival.
ANDREY ARSHAVIN - £16.95m
A complicated deal which was finally officially announced some 24 hours after the winter transfer window of January 2009 had closed.
The Russia international arrived amid a snowstorm and although he produced moments of magic - including a four-goal showing against Liverpool in April 2009 - he never really hit the heights which had made him such a sought-after asset at Zenit.
SANTI CAZORLA - £16.5m
His value to the Arsenal cause has been highlighted by the club’s struggles for consistency in his absence, with the Spanish midfielder a man whose composure and vision makes the Gunners tick.
Arrived from Malaga in 2012 as a double European Championship winner and has picked up two FA Cups in England – scoring in one final and being named Man of the Match in the other.
DANNY WELBECK - £16m
Surprised many when taking the decision to leave boyhood club Manchester United and head south on deadline day in September 2014.
Has offered glimpses of what he is capable of with the Gunners, but injuries have prevented the England international from making the kind of impact both he and Arsene Wenger would have been hoping for.