• Arsenal to pay Valencia initial £13m for defender

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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 ongoing 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.

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