Latest Transfer News: FC Porto confirm the departure of Fabio Viera to Arsenal

In the latest transfer news, Porto have confirmed the deal to sell midfielder Fabio Vieira to Arsenal for £34m including add-ons.

The 22-year-old Portuguese is the Gunners' third summer arrival, after goalkeeper Matt Turner and Brazilian forward Marquinhos. Arsenal will pay £30m up front plus £4m in performance-related add-ons.

Vieira won the player of the tournament award at last year's European U21 Championship.

Vieira will add further creative talent to Arsenal's ranks, with the highly-rated midfielder having laid on a league-high 14 assists in the 2021/22 Primera Liga campaign.

"The club informs the market that it has reached an agreement with Arsenal FC for the signing, on a permanent basis, of Fabio Vieira for the amount of 40million Euros," read a Porto statement.

Arsenal are yet to announce the signing but Vieira was understood to have been in north London on Thursday for a medical.

Mikel Arteta is expected to continue to push for further summer recruits at Arsenal, with Manchester City's Gabriel Jesus heavily linked to an Emirates Stadium switch and Leicester's Youri Tielemans another target.

Vieira scored six league goals for Porto in 15 starts last season and has scored 13 goals in 21 appearances for Portugal U21s.

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