Arsenal Transfer News: Wenger Seals Arteta Signature on Frantic Deadline Day

• Click here for a full round up of Wednesday's deadline day

Arsenal completed the £10m signing of Everton midfielder Mikel Arteta late on Wednesday night as Arsene Wenger added five new players to cap a busy transfer deadline day.

Wenger looked to have missed out on Arteta earlier in the day after Everton rejected a bid for the Spaniard. But the 29-year-old sealed a £10m move to the Emirates after he told Everton that he wanted to leave Goodison Park and was willing to take a pay cut to make it happen.

The Arsenal manager has endured a frustrating summer, after erstwhile captain Cesc Fabregas joined Barcelona and Samir Nasri signed for Manchester City. Sunday's 8-2 defeat at Manchester United compounded the club's problems and precipitated a busy deadline day for the Frenchman.

Everton rejected initial bids of £5m and £10m bids for Arteta, but circumstances changed when the Spaniard submitted a transfer request after his interest was swayed by the prospect of Champions League football.

The 29-year-old indicated he was willing to take a pay-cut to force through a move to the Emirates and Everton felt powerless to reject a third £10m bid when it came through late on Wednesday night.

Manager David Moyes was frustrated to lose the influential midfielder but admitted the club had no other option but to sell in the face of Arsenal's interest.

"Mikel indicated to me he wished to join Arsenal," Moyes said. "I am very disappointed to lose him but the prospect of Champions League football was something I was not able to offer him."

Arteta was joined by the capture of Chelsea midfielder Yossi Benayoun on a one year loan deal, as Wenger added proven Premier League experience to his squad.

Earlier in the day, Arsenal confirmed the signing of Germany defender Per Mertesacker from Werder Bremen and wing-back Andre Santos from Fenerbache.

"Santos is a quality player, with the ability to both defend well and get forward and help with attacks," Wenger is quoted in the Telegraph.

Wenger's spend on players this summer stands at £51.4m but they recouped over £70m in sales by the end of deadline day. Nicklas Bendtner joined Sunderland on a season-long loan, with Henri Lansbury heading to West Ham on similar terms. Gilles Sunu was sold to Lorient, while Costa Rica forward Joel Campbell has been sent on a season-long loan to Lorient.