Arsenal sign Elias Chatzitheodoridis on two-year contract

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Arsenal have today handed teenage full-back Elias Chatzitheodoridis a two-year deal, after being wowed by the Greek teenager during his displays for the club's academy in the same nation, according to the Metro's recount of a story from Greek publication On Volos.

Chatzitheodoridis was on trial in North London earlier this year and did enough in a series of youth-team matches, including one notable fixture against Real Madrid in the prestigious Ferroli Cup, to persuade Gunners chiefs that he deserves a permanent place in the academy.

The 17-year-old primarily operates as a left-back and viewed as a long-term prospect by Arsenal academy staff, the first from the club's Greek soccer school system to earn permanent terms with the Premier League side.

Arsenal set up the academy in 2011 just outside Athens with a view to harnessing talent on the continent, with Chatzitheodoridis a sign that hard work may be finally starting to bear fruit.

The youngster will now compete for regular game time in Arsenal's under-18 side, the first addition of what Gunners fans hope will be a busy summer of spending from manager Arsene Wenger.

Fresh from winning the FA Cup and signing a three-year contract Wenger is on the hunt for quality additions, although his first acquisition will underwhelm the vast majority of Arsenal fans to say the least.

A new goalkeeper, right-back and centre-forward are now the club's top priorities, although sadly for fans of a certain former captain Wenger has reportedly decided not to take up an option to re-sign former captain Cesc Fabregas from Barcelona.

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