Arsenal transfer news: Juventus sign former Gunners target Gonzalo Higuain for £75.3m

The Argentian joins the Serie A champions from Napoli on a four-year contract

Gonzalo Higuain makes the switch from Napoli to rivals Juventus (Getty)

Arsenal target Gonzalo Higuain has completed his move to Juventus from Napoli for a fee understood to be worth £75.3m.

Higuain has signed a four-year contract worth £6.3m per season that will keep the forward at the club until 2020, according to Sky Sports.

At £75.3m, this makes the Argentine the third most expensive footballer in history - behind Gareth Bale and Cristiano Ronaldo.

The move has bumped Neymar out the third spot who moved to Barcelona for a club record £71.5m.

Arsenal had been extensively linked with the 28-year-old but the high-asking fee proved too much for the north London club.

Juventus have paid his full release clause after Higuain completed his medical in Madrid on Friday.


 Higuain couldn't inspire Argentina to victory at the Copa America 
 (Getty)

Once confirmed by the clubs, the transfer will become the most expensive deal in Serie A history.

Higuain is set to replace Alvaro Morata who recently returned to the Bernabeu after Real Madrid activated his buyback clause.

Having scored 36 goals in 35 appearances last season - a Serie A record - Higuain will provide a more than suitable replacement to the Spaniard.