On his way: Spain's Santi Cazorla
With Robin van Persie poised to leave, the capture of Carzola, 27, is the major signing of the summer that Wenger has been promising.
Wenger was beaten to the signature of the Spain midfielder last year by Malaga, who had been seemingly enriched by their purchase by Qatari Sheik Abdullah Bin Nasser Al-Thani.
But the club now have to clear huge
debts by the end of the month or face relegation to Spain's second tier,
the loss of their UEFA licence and Champions League expulsion.
Adding Carzola to the signings of Lukas Podolski and Olivier Giroud represents the most significant summer strengthening since Arsenal imposed financial constraints on transfers in 2004.
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