Arsenal splash out on Mustafi and Perez

Arsenal have signed Germany's 2014 World Cup-winning defender Shkodran Mustafi and Spanish striker Lucas Perez, the Premier League club said on Tuesday. No financial details were disclosed but British media said the fee for Mustafi was 35 million pounds ($45.76 million) and Perez cost 17 million. Mustafi has been at Valencia for the past two seasons while Perez joined Deportivo La Coruna in August 2015.