Arsenal close to taking summer spending past £200m by signing Valencia's Cristhian Mosquera

Arsenal are hoping to complete the signing of Cristhian Mosquera from Valencia this week. Pic: AP Photo/Petr David Josek.
Arsenal are hoping to complete the signing of Cristhian Mosquera from Valencia this week in a deal that could take their summer spending past £200m.
Negotiations with Valencia over the 21-year-old defender have been taking place since an initial offer of £14m including bonuses was rejected this month. It is understood an agreement has been struck for Arsenal to pay an initial £13m plus up to £3.5m in bonuses.