Arsenal have reportedly completed their second signing of the season. Goal.com believes the Gunners have moved to re-sign former midfielder Mathieu Flamini, also on a free transfer.
The French defensive midfielder spent four seasons with the north London side before joining Serie A club AC Milan in 2008. The 29-year-old is believed to have signed a two year contract worth £50,000 per week. Arsene Wenger is expected to announce the deal after processing the required paperwork through the Premier League.
Flamini is the club's second signing of the summer. Arsenal earlier signed yet another Frenchman - France U21 International Yaya Sanogo, also on a free transfer.
Flamini made over 100 appearances for the Rossoneri during his time in Italy but spent the 2011/12 season on the sidelines with a serious knee injury. The Frenchman has been training with Arsenal over the past few weeks in an effort to recover match fitness and appears to have impressed his former boss enough to be signed.
The former Olympique Marseille player joins a long list of former players whom Wenger has resigned - Thierry Henry and Sol Campbell being the most notable. It remains to be seen what level of success Flamini can enjoy in his second spell in north London and whether his capture will satisfy the club's fans, who have been crying out for quality signings and squad reinforcements ahead of the close of the summer transfer window.
Wenger's other major transfer target in the centre of the park is Newcastle United's Yohan Cabaye. The French international is valued by the Magpies at £20m, meaning Arsenal will have to improve significantly on their initial offer of roughly half that amount. A Newcastle Evening Chronicle report believes the Londoners have returned with a £13m offer but Wenger will have to move fast, given interest from Ligue 1 champions Paris St Germain; the Metro believes PSG will offer upto £17m for the midfielder.