Arsenal Transfers: Ricardo Alvarez Signs for Arsenal- Reports
Palermo president Maurizio Zamparini has stated that Arsenal have signed Velez Sarsfield (Argentina) midfielder Ricardo Alvarez.
Palermo was hoping to snatch the 23-year-old away from Arsene Wenger's grasps, but he did not move fast enough.
"We did have a concrete bid for Alvarez and had him in our grasp back in January. Unfortunately, we didn't complete the move in time, so we lost him to Arsenal," Zamparini told a radio station.
Alvarez would be Arsenal's first of hopefully many signings in the transfer window.
Zamparini also hinted that with Andre Villas-Boas now in charge at Chelsea, they may be the favorites to sign Palermo ace Javier Pastore, who has several big clubs chasing his signature.
"Chelsea are among them, but we have to see what their new coach Andre Villas-Boas has to say."
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