Done Deal: Arsenal Reached Agreement With Barcelona Over Transfer of Highly-Rated Midfielder

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La Liga leaders Barcelona have signed Arsenal rising star Marcus McGuane for an undisclosed fee, according to the BBC reports.

The 18-year-old midfielder has made two appearances for the Gunners first team in the Europa League game this campaign.

The Catalan club intend to play him in their Barcelona B team and have set the buy-out clause 25m euros (£21.9m) release clause in his three-year contract.

McGuane, who has played for England under-17s, U18s and U19s, joined the Gunners at the age of 6 and now he will try to continue his development at Barcelona.

His contract was due to run out in the summer and he is reported to have turned down a new deal.

Arsenal and Barcelona have big history of signing players from each other the Catalan club have signed Cesc Fabregas £31m £16m Gio van Bronckhorst £2m Marc Overmars £25m Emmanuel Petit £7m Thomas Vermaelen £15m Alex Song £15m Aleksander Hleb £12m Thierry Henry.

The Gunners have finalised the transfer of Henrikh Mkhitaryan during the January transfer window and Armenian stars former teammate Pierre-Emerick Aubameyang is likely to join him at Emirates Stadium.