Martin Odegaard completes £34m switch from Real Madrid to Arsenal as Norway ace signs five-year deal at Emirates - but LaLiga club have first refusal if club sell him

Arsenal have completed the signing of Martin Odegaard from Real Madrid.

The Norway international has penned a five-year deal with the Gunners in a transfer believed to be for a fee of around £34million.

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Odegaard will add some much needed creativity to Arsenal's midfield

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The 22-year-old spent the second half of last season on loan at the Emirates Stadium, scoring two goals in 20 appearances for the north London club.

Odegaard returned to Madrid and was hoping to get a chance under Carlo Ancelotti this season, but the Gunners have sealed a deal to bring the Norway international back to the Emriates on a permanent basis.

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However, should the Premier League club decide to cash in on their new man, Real will have 'right of first refusal' meaning they can match any future bids from rivals.

Odegaard joined Madrid as a 16-year-old in January 2015 from Stromsgodset in his homeland and later spent two seasons on loan at Heerenveen, before temporary stints with Vitesse Arnhem, Real Sociedad and Arsenal.


Martin Odegaard enjoyed a productive six-month spell on loan with Arsenal last season - and he even scored against Tottenham


Odegaard was regarded as one of football's brightest prospects when he was a teenager

The Norwegian's arrival has bolstered Mikel Arteta's options, having so far brought in Ben White, Nuno Tavares and Albert Sambi Lokonga this summer.

Arsenal have been keen to add a number 10 in recent months, with Leicester's James Maddison and Houssem Aouar of Lyon linked.

The Gunners kicked off the season with a chastening 2-0 loss at Premier League new boys Brentford and are preparing to host Chelsea on Sunday.

But Odegaard, the club's new No.8, will not be able to play as he is still the completion of regulatory processes and visa requirements, including visa clearnace.


Odegaard will be wearing manager Arteta's old number at the Emirates

And while Arsenal legend Ray Parlour believes the Norwegian may have been second choice for Arteta, he still believes it's decent deal for the club.

"For the money, it's a decent signing. I don't think we've seen the best out of him yet," he told talkSPORT Breakfast.

"They know him as a player, they've seen him train on a daily basis so know exactly what they are getting.

"He was a wonderkid when he went to Real Madrid and potentially hasn't got to where he should be.

"They were desperate for a No.10 and he was the one available. (James) Maddison was probably the one they wanted, but maybe Leicester didn't want to sell him as they are trying to get that top four or he might have been too much money.

"Odegaard, for the money, with the transfer market at the money, isn't a bad deal."

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