Arsenal make first summer signing as defender Sead Kolasinac joins on free transfer
The Gunners have snapped up Bosnian left-back Sead Kolasinac on a free transfer.
The north London outfit announced the signing on social media this morning.
The out-of-contract Schalke defender will join Arsenal on a long-term deal.
The full-back scored three times in the Bundesliga this season in 24 starts, while providing five assists.
The 23-year-old also made eight appearances in the Europa League, in which Arsenal will compete next season having missed out on Champions League qualification for the first time in 19 years.
The German-born defender operates at left-back and his arrival will throw into doubt the future of Kieran Gibbs, who has yet to negotiate fresh terms at the Emirates Stadium.
Kolasinac had reportedly been attracting the interest of Premier League rivals Chelsea and Everton but it has been understood for some time that a move to Arsenal was on the cards.
The announcement, made with a short statement on the club's official website, makes Kolasinac the first new recruit for Wenger after he signed a two-year deal to continue as Arsenal boss.
Wenger, as well as chief executive Ivan Gazidis and majority shareholder Stan Kroenke, has targeted a run at the Premier League crown next season.
Kolasinac is likely to be competing against Nacho Monreal for a place in Wenger's side.
The Gunners have been linked with a big-money move for Monaco forward Kylian Mbappe, while Henry Onyekuru - a forward currently at Belgian outfit KAS Eupen - has also been touted as a target.