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Arshavin signs with Arsenal, Quaresma to play for Chelsea

The English transfer market has been a busy place with Russian star Arshavin joining Arsenal until June 2012 and Inter Milan agreeing to loan their Portuguese player Ricardo Quaresma to Chelsea for the rest of the season.

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AFP - Russia international midfielder Andrei Arshavin of Zenit St Petersburg has joined Arsenal till June 2012 for 12 million pounds (13.3 million euros), sources at the Premiership club said on Monday.

The Gunners are now merely waiting on the Premier League to sign all the necessary paperwork for the deal to be made official.

The fee was far from the initial asking price the reigning UEFA Cup winners wanted of 20 million pounds, but included a substantial performance-linked bonus.

Conflicting signals had been emerging from Arsenal's Emirates stadium and Russia throughout the day as the 1700GMT deadline came and went and a Zenit club spokesman had even said the deal had fallen through.

The deal apparently hit a last minute snag when Zenit demanded a portion of Arshavin's signing on fee.

But other Russia news agencies were reporting that a deal had been struck on a three-and-a half year contract.

Gazeta.ru site nnounced that Arshavin, one of the stars at Euro 2008, had passed his medical and was now an Arsenal player, inheriting the Gunners' number 13 shirt.

He will probably not make his debut for the Gunners for a few weeks because he will have to work on physical conditioning to adapt to the rigours of the English game.

The 27-year-old was a major revelation at the Euro 2008 tournament when Russia reached the semi-finals, losing to eventual champions Spain.

Arsenal coach Arsene Wenger has on many occasions spoken of his admiration for the player.

Ricardo Quaresma has joined Chelsea on-loan from Italy's Inter Milan for the rest of the season, the English Premier League side said on Monday.

The London club added on their official website that the Premier League had ratified the deal, which was announced some two hours after Monday's 1700GMT transfer window deadline had passed.

Quaresma, 25, a winger who can play on either flank, became the sixth Portuguese player at Stamford Bridge following the pre-season arrivals of Deco and Jose Bosingwa. He has also worked under Blues boss Luiz Felipe Scolari at international level, including during Euro 2008.

However he fell out of favour with former Chelsea manager Jose Mourinho at Inter, whom he joined before the start of this season.

The former Porto and Barcelona forward was booed by Inter's own fans during the recent 1-1 draw with Torino where he shot over the bar after coming on as a second-half substitute.

Chelsea were left five points behind league leaders Manchester United after losing 2-0 to title rivals Liverpool on Sunday.

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