The five-year contract includes a guaranteed payment of £66.3million, with the remainder in add-ons, according to reports.

Transfer Window: Slovenian striker Benjamin Sesko completes Manchester United move

Isak's 23 Premier League goals last season made him one of the world's hottest properties, and he has been linked with English champions Liverpool.

Transfer Window: Star striker Alexander Isak considers Newcastle exit - Report

Zubimendi is Arsenal's second signing of the summer transfer window after goalkeeper Kepa Arrizabalaga joined from Chelsea.

Transfer Window: Arsenal boost midfield with Zubimendi signing on five-year deal

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Transfer Window: Slovenian striker Benjamin Sesko completes Manchester United move

Transfer Window: Star striker Alexander Isak considers Newcastle exit - Report

Transfer Window: Arsenal boost midfield with Zubimendi signing on five-year deal