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Asked by a fan whether Sanchez is signing, he responded: "Yes at this point".

Perez, 29, is the London club's eighth signing of the summer joining Ryan Fredericks, Lukasz Fabianski, Issa Diop, Jack Wilshere, Aindriy Yarmolenko, Fabian Balbuena and Felipe Anderson in completing the move to the London Stadium.

It has certainly been a productive summer as Pellegrini bids for his West Ham side to improve on their 13th-placed finish last term. He is best known in England for this spell but it was not a good one as he was part of the Villa side that were relegated from the Premier League.

"I'm very happy to be here at such a historic Club".

The Spanish forward has made just 21 appearances for Arsenal since his £17 million move from Deportivo back in 2016.

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The 29-year-old has endured a hard spell at Arsenal, spending last year on loan at Deportivo after struggling for football in his first season at the club.

Having been included in Arsenal's pre-season tour of Singapore it appeared Perez was potentially going to be given a fresh start under new head coach Unai Emery. West Ham have great fans and play in an unbelievable stadium, so to sign here brings me great joy.

New Irons boss Manuel Pellegrini has now brought in nine players during the summer window, spending more than £100million, as he looks to reshape a squad which battled for survival during most of the previous campaign under David Moyes.

This season he will show if he can make it in the top tier of English football or whether he will continue to struggle, but if he is able to repeat his form from Deportivo at West Ham, he could be seen as a steal for only £5m. West Ham director of football Mario Husillos moved for Sanchez following a ringing endorsement from the Colombian manager Jose Pekerman under whom he has reached nearly 100 worldwide caps. He scores goals, but can also create them and link well with the midfielders.