Arsenal have confirmed the signing of Spanish striker Lucas Perez from Deportivo la Coruna, subject to the completion of a regulatory process. The 27-year-old becomes the club's fifth addition of the summer with Valencia's Shkodran Mustafi braced to join in the final 24 hours of the window.

Perez scored 19 goals in all competitions last term for the La Liga club and moves to north London for £17m ($22m, €20m), according to The Evening Standard, after arriving in the capital on Monday [29 August]. The former Atletico Madrid youth forward is likely to be available to make his debut for his new side against Southampton upon the resumption of the Premier League on 10 September.

During the most prolific season of Perez's career, which has also included spells in Greece and Ukraine, he scored in a club record-equalling seven consecutive matches; a run which included goals against Atletico Madrid and Barcelona. Arsenal manager Arsene Wenger is thrilled to add the player to his squad as the window draws to an end.

"He's not only a goalscorer, he's a guy who combines well with partners, who can give a final ball and makes good runs," he told the Arsenal official website. "He's got a good eye for goal and had an outstanding season last year."

Lucas Perez
Perez netted 17 times in La Liga last term in the most prolific campaign of his career Getty Images

Following the upcoming international break, Perez is likely to go straight into the Arsenal squad for his English top-flight bow against Southampton before potentially being involved in the Champions League group stage opener against Paris-Saint Germain. He joins Granit Xhaka, Takuma Asano and Rob Holding in arriving at The Emirates Stadium in what has otherwise being a largely underwhelming summer for the club.

Mustafi is expected to be the fifth and final addition made by Arsenal before the 11pm deadline on 31 August, after Wenger confirmed the Germany international had agreed to swap La Liga for the Premier League. No further signings are likely, however, the likes of Jack Wilshere and Serge Gnabry could be offloaded.