Date: 9th August 2018 at 1:38pm
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Arsenal have parted with flop Lucas Perez.

The Spaniard has joined Manuel Pellegrini’s West Ham on a three-year contract.

Perez, who arrived at the Emirates from Deportivo La Coruna in 2016, leaves for just £4m two-years later – that’s less than a quarter of the £17m fee the Gunners paid for the striker.

He is Pellegrini’s ninth summer signing and their second from Arsenal following the capture of Jack Wilshere last month.

As reported by BBC Sport, Perez said: “I’m very happy to be here at such an historic club.

“I’m very excited, as West Ham are giving me the chance to stay in the Premier League and I’m very happy to be part of this new project.

“West Ham have great fans and play in an amazing stadium, so to sign here brings me great joy. I’m very motivated.”

Perez struggled to make an impression on both Arsene Wenger in his debut season and Unai Emery this summer. The striker, who netted a hat-trick on his Champions League debut for the Gunners, leaves after making just two Premier League starts.