Atletico Madrid have confirmed the capture of young midfielder Fran Merida on a four-year contract.
Merida has been at Arsenal since 2006, having previously been part of the youth set-up at home-town club Barcelona, but his deal with the Gunners expires on June 30.
The 20-year-old will be presented by the Europa League champions at 1230 local time on Friday at the Vicente Calderon stadium.
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