Arsenal announced the signing of midfielder Granit Xhaka from Borussia Monchengladbach for an initial fee of £25 million (approximately $37 million). The 23-year-old Swiss international made 108 appearances for Monchengladbach in his four-year spell, after making his senior debut at FC Basel in 2010. "I will give everything to help Arsenal win trophies and make the fans happy,” he said.