Cesc Fabregas joins Chelsea: Arsenal will pocket £5.6m after Spaniard joined Blues
The Gunners earn big windfall from deal, according to reports
Arsenal have been given a £5.6m boost to their coffers after Cesc Fabregas joined rivals Chelsea from Barcelona.
The payment comes from payments Barcelona still owe the north London club for Fabregas, who arrived at the Nou Camp in 2011.
The Catalan giants must now pay the remaining fee in the coming days, claims a report in The Times.
Arsenal had first option to sign the 27-year-old but turned down the opportunity to bring him back to the Emirates.
Chelsea will play Barca in three installments, essentially giving half of their first payment to Arsene Wenger.
Arsenal also announced the departure of right back Bacary Sagna to Manchester City today.
In a statement released last night, Fabregas said he had "unfinished business" in the Premier League.
"I do feel that I have unfinished business in the Premier League and now is the right time for me to return.
"Yes, everyone knows that Arsenal had the first option to sign me. They decided not to take this option and therefore it wasn’t meant to be.
"I wish them well."
Fabregas is preparing to play for Spain in their World Cup opener against the Netherlands tonight.
Latest in Sport
- 1 PlayStation and Xbox hacked by Lizard Squad
- 2 Katie Hopkins speaks out on childhood obesity: 'Parents of fat children should be prosecuted for child cruelty'
- 3 The Grace Dent Christmas Questionnaire
- 4 The 'Black Museum': After 150 years, public set to see exhibits from police’s grisly crime museum
- 5 Vagina canoe artist defends herself over ‘obscenity’ charges
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Rozanne Duncan: Ukip expels councillor for 'jaw-dropping' comments made in BBC TV interview
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
Ukip member gets into Christmas spirit with Union Flag plea to Santa 'for our country back'
BBC director Danny Cohen: Rising UK antisemitism makes me feel more uncomfortable than ever
Katie Hopkins speaks out on childhood obesity: 'Parents of fat children should be prosecuted for child cruelty'