Arsenal have confirmed a deal has been agreed to sign South Korea international striker Park Chu-young from Monaco.
Chu had appeared set to join reigning Ligue 1 champions Lille last week before Arsenal made a late move for the 26-year-old.
He underwent a medical over the weekend and the Gunners have now secured his services, subject to completing the formal registration process.
His arrival at Emirates Stadium will help to lift an Arsenal squad that is still reeling from Sunday's 8-2 thrashing at the hands of Premier League champions Manchester United.
The Gunners have also had to contend with the loss of Cesc Fabregas and Samir Nasri this summer as Arsene Wenger seeks to bolster his squad before Wednesday's deadline.
Per Mertesacker and Andre Santos also appear to be on their way to North London and Wenger is happy to have added Chu to his squad.
"We are delighted to have signed Chu," Wenger told the club's official website.
"He will add true quality to our attacking forces and will be a valuable addition to the squad."
Chu has replaced Park Ji-sung as captain of South Korea and is determined to grasp his opportunity to play in the Premier League.
He said: "I am very honoured and I feel very happy to be at Arsenal. It is a dream to be here and I am really proud to be an Arsenal player. Now I just want to show how good I am and prove myself.
"In my opinion this is a great club, now I have to show what I can do on the pitch.
"I will do my best, I will never give up, I will show heart, I will give everything and I hope [the fans] will support me."