Spain winger Cazorla joins Arsenal from Malaga
updated 11:54 AM EDT, Tue August 7, 2012
Spain's Santi Cazorla has been capped 45 times.
- Spanish footballer Santi Cazorla joins Arsenal for undisclosed sum
- His former club Malaga is undergoing a process of "internal restructuring"
- High-profile signing follows arrival of Olivier Giroud and Lukas Podolski
- Arsenal must now wait to find out if captain Robin van Persie will stay
(CNN) -- Spain international Santi Cazorla has joined English Premier League club Arsenal from Malaga on a long-term deal.
The versatile midfielder has been signed for an undisclosed sum -- believed to be around $23.5 million -- with the length of his contract also unspecified by Arsenal.
The 27-year-old was a key player in the Malaga side, which finished fourth in La Liga last season to qualify for the Champions League for the first time in the club's history.
"Santi Cazorla is a great signing for us," Arsenal manager Arsene Wenger said.
"He is a player with good experience at both club and international level, who will add significant quality to our squad.
Muamba: I've played football again
China investors look to Italian football
Training to be an Olympic athlete
Del Piero's Juventus love affair
"He is a versatile, attacking midfield player who can play comfortably on either side of the pitch or centrally. He has good pace, is technically gifted and will be a huge asset to Arsenal."
Will big football club's beat Financial Fair Play rules?
Named Spanish Player of the Year in 2007, Cazorla joined Malaga in 2011 following two stints with Villarreal.
He has been capped 45 times by Spain, and was part of their winning squad at this year's European Championships and in 2008.
"I'm so excited to be joining one of the greatest teams in Europe and also in the Premier League," he said.
"I will do my best to help Arsenal challenge for trophies and make all the supporters happy."
'Supporter for sale' finds new home at Spurs
Malaga recently announced it was undergoing a process of "internal restructuring," with owner Sheikh Abdullah Bin Nassar Al-Thani -- a member of the Qatar royal family -- reportedly wanting to sell up after only two years.
Cazorla's arrival at Arsenal follows the club's summer signings of Germany forward Lukas Podolski and France international striker Olivier Giroud.
With the start of the Premier League season less than a fortnight away, the focus will now switch to whether Arsenal captain Robin van Persie will stay at the Emirates.
Last month the Dutch striker, who has a year left on his contract, revealed his intention not to sign a new deal with the London club.
So far Manchester United, Manchester City and Juventus have made bids for the 28-year-old -- all of which have been rejected by Arsenal.
"I've thought long and hard about it, but I have decided not to extend my contract," said Van Persie.
"You guys, the fans, have of course the right to disagree with my view and decision and I will always respect your opinions."
Part of complete coverage on
Be part of CNN's coverage of European Champions League matches and join the social debate.
updated 6:52 AM EDT, Thu May 23, 2013
When Germany's two biggest soccer clubs go head-to-head in the Champions League final, there can only be one winner: German industry.
updated 9:56 AM EDT, Wed May 22, 2013
The Bundesliga model of sustainability is very much in vogue. But are Bayern Munich and Borussia Dortmund creating a dangerous duopoly?
updated 7:06 AM EDT, Thu May 23, 2013
Bayern Munich super fan Boris Becker takes a tour of London ahead of the 2013 Champions League final.
updated 6:15 AM EDT, Thu May 23, 2013
CNN takes an exclusive look at the venue of the Champions League final between Bayern Munich and Borussia Dortmund.
CNN's Pedro Pinto gives his analysis of the Champions League final between Bayern Munich and Borussia Dortmund.
updated 1:10 PM EDT, Fri May 17, 2013
David Beckham embraced his tag as a "gay icon" and has been credited with breaking the big taboo -- homosexuality in football.
updated 3:50 AM EDT, Mon May 13, 2013
'King' Alex Ferguson is quitting Manchester United but the $3.17 billion brand will survive, according to experts.
updated 10:18 AM EDT, Tue May 7, 2013
Italian football lags behind its other European rivals commercially, but newly-crowned Italian champions Juventus is showing Serie A clubs an example of revival.
updated 10:34 AM EDT, Wed April 24, 2013
Luis Suarez's biting of Branislav Ivanovic is the latest episode of moments of madness when soccer stars behave badly.
updated 5:38 AM EDT, Fri March 29, 2013
Sunderland's partnership with the Nelson Mandela Foundation is part of its bid to woo the African market.
updated 11:58 AM EDT, Thu March 28, 2013
Each year as many as 700 Cameroonian young footballers leave Africa in search of a professional career abroad.
updated 8:01 AM EDT, Mon May 6, 2013
Referees across Europe are feeling the heat. Insulted, threatened, chased off the field, attacked, hospitalized and, tragically, killed.
updated 7:25 AM EST, Tue February 26, 2013
Footballers have a battery of physios, fitness trainers and doctors all striving to fine-tune their physique -- but are they missing a trick?
updated 9:24 AM EST, Tue February 26, 2013
No Englishman has won the EPL title in over 20 years, while a leading manager reveals that English coaches are now "not respected abroad."
updated 5:33 AM EDT, Mon May 13, 2013
Hardcore Italian football "ultra" Federico is a Lazio supporter who happily admits directing monkey chants at black players.
updated 6:23 AM EST, Tue March 5, 2013
When Jupp Heynckes made his Bundesliga debut as a player in 1965, the name of Bayern Munich was a new one for the nascent German league.
updated 2:02 PM EST, Tue February 19, 2013
Football's world governing body FIFA has confirmed it will use goal-line technology at the 2014 World Cup in Brazil.
updated 9:03 AM EST, Tue February 19, 2013
Match-fixing has become a worldwide issue, with hundreds of matches under investigation -- but how do you actually fix a football game?
updated 12:00 PM EST, Mon February 18, 2013
U.S soccer star Robbie Rogers has "come out" as gay on the day he retired from the game, making the announcement on his blog.
updated 5:31 PM EST, Mon February 11, 2013
The wealth of owners like Chelsea's Roman Abramovich often fuels success, but for other clubs such backers prove a mixed blessing.
updated 8:42 AM EST, Wed January 30, 2013
The Secret Footballer reveals the complex issues surrounding racism in the English Premier League.