Arsenal has reached an agreement with Bayer Leverkusen to sign defender Piero Hincapie on a season-long loan.
The new centre back joins the Gunners on a fee worth €52m plus sell-on clause of 10% in future sales as agreed between both parties.
“Arsenal reach agreement with Bayer Leverkusen to sign Piero Hincapie. Season-long loan from Bayer04 + buy option. Package worth €52m & 10% sell-on. 5yr deal upon permanent transfer. Set to travel this weekend for AFC medical,” said David Ornstein
Piero Hincapie is set to replace Jakub Kiwor, who joined Porto on a season-long loan with a mandatory obligation to buy him for a fee worth €25 million plus add-ons.
At Arsenal, Hincapie will provide cover for William Saliba and provide depth in the already strong Arsenal side.
