Arsenal complete £35m deal and make first summer signing after Real Madrid approach

Paris Saint-Germain v Arsenal FC - UEFA Champions League Final 2026
Mikel Arteta and Arsenal have completed their first summer signing (Picture: Getty)

Arsenal have completed their first summer signing after exercising the option to make Piero Hincapie’s loan move from Bayer Leverkusen a permanent deal.

The Ecuador international joined the Gunners during the closing stages of last year’s summer transfer window.

Despite competition from Myles Lewis-Skelly and Riccardo Calafiori, Hincapie ended his maiden campaign in English football as Arsenal’s foirst-choice left-back.

The 24-year-old started crucial games in the run-in against the likes of Manchester City and Burnley, while he kept Calafiori on the bench for the entirety of the Champions League semi-final against Paris Saint-Germain.

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Real Madrid has reportedly shown an interest in the versatile defender, but Hincapie has committed his future to the Premier League champions who have paid around £35million to sign him.

‘We are delighted to have activated the option to make Piero Hincapie’s transfer to us permanent from July 1,’ read a statement on Arsenal’s official website.

‘Piero spent last season on loan from Bundesliga side Bayer Leverkusen and was an integral part of our Premier League-winning campaign.’

Ecuador's Piero Hincapie (3) controls the ball during the World Cup Group E soccer match between Ecuador and Curacao in Kansas City, Mo., Saturday, June 20, 2026. (AP Photo/Charlie Riedel)
Piero Hincapie is starring for Ecuador at the World Cup (Credits: AP Photo/Charlie Riedel)

Jose Mourinho, who has returned to the Bernabeu for a second spell in charge, had also been said to have registered an interest in Calafiori, but Arsenal are reluctant to sell and the Spanish giants will look elsewhere for a player capable of being deployed at either centre-half or left-back.

More to follow…

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