Arsenal have fended off competition from London rivals Tottenham Hotspur to complete the signing of a Real Madrid star.
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Having already signed Gabriel Martinelli from Brazilian side Ituano, Arsenal have now confirmed their second arrival of the window.
On Thursday, the club announced the acquisition of Spanish attacking midfielder Dani Ceballos from Los Blancos on a season-long loan.
Gunners coach Unai Emery has regularly courted his compatriot, and has shared his excitement at finally landing the 22-year old's signature.
"We're excited to see Dani join us. He is a talented player with big technical ability, creativity and precision," he told Arsenal's official website.
Ceballos joined Real in 2017 and has since made more than 50 appearances for the club, although he only made 13 league starts last season. He will wear the No. 8 jersey Arsenal in the upcoming campaign.
The former Real Betis star made his debut for the Spain senior side last year, and has since made six appearances for his nation, scoring once.
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