Everton have confirmed the signing of Arsenal midfielder Alex Iwobi in a deal worth at least £35million.

The Toffees had an initial £30m bid for the Nigeria international rejected on Wednesday, but the deal was revived late on deadline day, with the clubs managing to get a deal sheet in before the 5pm deadline to give them the extra time needed to finalise an agreement.

Everton turned their attentions back to the 23-year-old after Crystal Palace refused to budge on their valuation of Wilfried Zaha, despite the Ivory Coast international handing in a transfer request.

Iwobi joined Arsenal in 2004 at the age of eight, and made his debut while still a teenager in 2015.

In Pictures | Arsenal's summer transfer business 21 show all In Pictures | Arsenal's summer transfer business 1/21 Arsenal's summer business Unai Emery has been eager to boost his squad for a top-four push in the Premier League. Getty Images 2/21 IN - Nicolas Pepe (Lille, £72m) Arsenal FC via Getty Images 3/21 IN - Kieran Tierney (Celtic, £25m) Arsenal FC via Getty Images 4/21 IN - David Luiz (Chelsea, £8m) Arsenal FC via Getty Images 5/21 IN - William Saliba (Saint-Etienne, £27m, loaned back) Arsenal FC via Getty Images 6/21 IN - Gabriel Martinelli (Ituano, £6m) Arsenal FC via Getty Images 7/21 IN - Dani Ceballos (Real Madrid, loan) Getty Images 8/21 OUT - Aaron Ramsey (Juventus, free) AFP/Getty Images 9/21 OUT - Alex Iwobi (Everton, £35m) EPA 10/21 OUT - Laurent Koscielny (Bordeaux, £4.6m) Arsenal FC via Getty Images 11/21 OUT - David Ospina (Napoli, £5m) Getty Images 12/21 OUT - Petr Cech (retired) AFP/Getty Images 13/21 OUT - Danny Welbeck (released) Arsenal FC via Getty Images 14/21 OUT - Stephen Lichtsteiner (released) Getty Images 15/21 OUT - Krystian Bielik (Derby, undisclosed) Arsenal FC via Getty Images 16/21 OUT - Carl Jenkinson (Nottingham Forest, undisclosed) Arsenal FC via Getty Images 17/21 OUT - Takuma Asano (Partizan Belgrade, undisclosed) Getty Images 18/21 OUT - Xavier Amaechi (Hamburg, £2.25m) Bongarts/Getty Images 19/21 OUT - Eddie Nketiah (Leeds, loan) Getty Images 20/21 OUT - Henrikh Mkhitaryan (AS Roma, loan) EPA 21/21 OUT - Mohamed Elneny (Besiktas, loan) Elneny follows Nacho Monreal in leaving the Gunners before the European transfer window closes Arsenal FC via Getty Images 1/21 Arsenal's summer business Unai Emery has been eager to boost his squad for a top-four push in the Premier League. Getty Images 2/21 IN - Nicolas Pepe (Lille, £72m) Arsenal FC via Getty Images 3/21 IN - Kieran Tierney (Celtic, £25m) Arsenal FC via Getty Images 4/21 IN - David Luiz (Chelsea, £8m) Arsenal FC via Getty Images 5/21 IN - William Saliba (Saint-Etienne, £27m, loaned back) Arsenal FC via Getty Images 6/21 IN - Gabriel Martinelli (Ituano, £6m) Arsenal FC via Getty Images 7/21 IN - Dani Ceballos (Real Madrid, loan) Getty Images 8/21 OUT - Aaron Ramsey (Juventus, free) AFP/Getty Images 9/21 OUT - Alex Iwobi (Everton, £35m) EPA 10/21 OUT - Laurent Koscielny (Bordeaux, £4.6m) Arsenal FC via Getty Images 11/21 OUT - David Ospina (Napoli, £5m) Getty Images 12/21 OUT - Petr Cech (retired) AFP/Getty Images 13/21 OUT - Danny Welbeck (released) Arsenal FC via Getty Images 14/21 OUT - Stephen Lichtsteiner (released) Getty Images 15/21 OUT - Krystian Bielik (Derby, undisclosed) Arsenal FC via Getty Images 16/21 OUT - Carl Jenkinson (Nottingham Forest, undisclosed) Arsenal FC via Getty Images 17/21 OUT - Takuma Asano (Partizan Belgrade, undisclosed) Getty Images 18/21 OUT - Xavier Amaechi (Hamburg, £2.25m) Bongarts/Getty Images 19/21 OUT - Eddie Nketiah (Leeds, loan) Getty Images 20/21 OUT - Henrikh Mkhitaryan (AS Roma, loan) EPA 21/21 OUT - Mohamed Elneny (Besiktas, loan) Elneny follows Nacho Monreal in leaving the Gunners before the European transfer window closes Arsenal FC via Getty Images

He was given his first Premier League start in March 2016, and marked it by scoring on the ground that he will now call home as the Gunners won 2-0 at Goodison Park. He has since made 100 appearances for the club, and won the FA Cup in 2016/17.

After representing England at youth level, Iwobi has become a regular for Nigeria, the country of his birth, starring for the Super Eagles at the 2018 World Cup, as well as this summer’s Africa Cup of Nations.