Dominik Szoboszlai has completed his £18 million ($24m) move to RB Leipzig, with Arsenal missing out on the highly-rated Hungarian winger.
The Gunners have been in the market for another creative midfielder, with too many options at Mikel Arteta’s disposal failing to live up to expectations.
Szoboszlai was said to be registering on the recruitment radar at Emirates Stadium, but he will not be heading to north London.
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That is because Leipzig have made the most of their ties with Red Bull Salzburg to put a January agreement in place.
All of the relevant paperwork has been completed for Szoboszlai to take on a new challenge, with the 20-year-old already in Germany to meet up with the Leipzig squad.