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REAL MADRID reportedly had the chance to sign Pierre-Emerick Aubameyang for £8.75million cheaper than Arsenal earlier this month.
Arsenal finally got their No 1 January transfer target on deadline day after agreeing a £55m fee with Borussia Dortmund.
He comes in as a direct replacement for Alexis Sanchez, who left for Manchester United a couple of weeks ago with Henrikh Mkhitaryan also arriving in January.
The Gabon international had caused trouble at Dortmund in the weeks leading up to his transfer to the Emirates.
He was suspended for missing a team meeting prior to the game against Wolfsburg and was left out of the squad to face Hertha Berlin a week later.