Arsenal and Real Madrid complete paperwork for Martin Odegaard move

Real Madrid and Arsenal have reached a total agreement for the transfer of Martin Odegaard. The deal has been given the here we go signal by Fabrizio Romano, and the Italian journalist went on to state that he can be considered a new Arsenal player already. 

The fee agreed between the two clubs is just under €40 million, and the Norwegian has agreed on a five-year deal with Arsenal until June 2026. The paperwork for the move has already been completed, and the new arrival can be expected in the next few days. 

Odegaard spent the latter half of the 20/21 season on loan at Arsenal and was very impressive for the Gunners. He maintains a great relationship with the club, Mikel Arteta and Edu. The player also liked living in England and is now set to be a permanent member of the squad. 

Real Madrid will have the “right of first refusal” for Ødegaard – they’ll be able to match future bids, but player decides as always. NO buy back clause. 🔴🇳🇴 #AFC

Arsenal are also closing on Aaron Ramsdale deal from Sheffield Utd, as per @David_Ornstein – agreement now close.

— Fabrizio Romano (@FabrizioRomano) August 18, 2021

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The Spanish club was initially not willing to let him go this summer since he was considered to be a part of Carlo Ancelotti’s plans. However, with the trio of Modric, Kroos and Casemiro ahead of him, it looks unlikely that Odegaard would get enough playing time with Fede Valverde and Isco also in contention. 

As a result, the young midfielder has chosen to move on from the Spanish capital. He will now apply his trade in the number 10 position at Arsenal and will be a much-needed arrival for Mikel Arteta, who has been deprived of a consistent playmaker in the team.