Aug 3, 2013; Los Angeles, CA, USA; Real Madrid midfielder Mesut Ozil (10) and Everton defender Sylvain Distin (15) chase down the ball during first half action of the Guiness International Champions Cup at Dodger Stadium. Mandatory Credit: Robert Hanashiro-USA TODAY Sports

German national Mesut Ozil is set to join Arsenal from Real Madrid for a reported £42.5 million. That would make him the most expensive German footballer of all time. Reports indicate that that Ozil would make around 7 million a year for 5 years. Bild has reported that they’ve agreed to a verbal deal which has yet to be signed and will be made official at 4.30pm BST.

Mesut Ozil is still relatively young, just 25 years-old. Ozil is currently in Germany on international duty ahead of this weekend’s World Cup qualifying matches.

Somewhere Piers Morgan is thrilled that Arsene Wenger finally made a move in the transfer window.

Arsenal are in talks to acquire striker Demba Ba via a loan from Chelsea. Arsenal had pursued Liverpool striked Luis Suarez and Gonzalo Higuain of Real Madrid.

This Ozil signing will break the club-record for signing when they paid £15m to Zenit St Petersburg for Andrey Arshavin in 2009. Arsenal hasn’t really made any other notable moves this window and only signed two other players: striker Yaya Sanogo, 20, and midfielder Mathieu Flamini, 29, arriving on free transfers.

Ozil would be a huge upgrade for Arsenal and send the message that they’re ready to compete in the English Premier League.