Arsenal have completed a deal to sign Spanish striker Lucas Perez from Deportivo La Coruna, the Premier League club announced on Tuesday.

Arsenal did not disclose either the length of Perez's contract or the transfer fee, but British media reports said the 27-year-old had cost around 17 million pounds.

Arsenal are also believed to be close to signing Germany defender Shkodran Mustafi from Valencia for around 35 million pounds.

Discussing Perez, Arsenal manager Arsene Wenger told the club website: "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's got a good eye for goal and had an outstanding season last year."

Arsenal are reported to have seen off competition from Premier League rivals Everton to secure Perez's signature.