Martin Odegaard will join Arsenal on loan from Real Madrid.

Arsenal beat out competition from Real Sociedad and Ajax.

Odegaard had an outstanding season on loan at Real Sociedad in 2019-20 but was recalled early by Real Madrid, only to be used sparingly by Zinedine Zidane this campaign. There is no buy option as part of the deal, but the two sides could discuss a permanent move depending on how the loan goes for all parties.