The Gunners first settled on personal terms with Mosquera, as reported by The Athletic, before eventually finding a suitable transfer fee to placate Valencia. Fabrizio Romano reports that the final package will be less than €20 million (£17.3 million, $23.4 million) with an initial €15 million (£13 million, $17.5 million) to be paid upfront.

Arsenal target Cristhian Mosquera has appeared to confirm his Valencia departure, claiming he is leaving "home" to begin a "new era."