Emiliano Martinez has joined Aston Villa on a permanent transfer.
According to Sky Sports, the Gunners have accepted a £16m offer from Villa which could rise to £20m with add-ons.
He becomes Villa’s third major addition, following the arrivals of club-record signing Ollie Watkins from Brentford and defender Matty Cash from Nottingham Forest.
The Argentinean international goalkeeper signed for the Gunners 10 years ago in August from Independiente.
Emi, 28, started the last 11 matches of the 2019/20 season, performing superbly and continuing this form into this season for our Community Shield penalty shoot-out victory over Liverpool.
He was an ever-present on our road to winning the Emirates FA Cup, conceding just three goals in the six matches along the way to lifting the trophy.
In total Emi made 39 first-team appearances, spending loan spells with six clubs – Oxford United, Sheffield Wednesday, Rotherham United, Wolves, Getafe and Reading – in order to develop his experience.
