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Joel Campbell has moved to Sporting Lisbon on a season-long loan deal.
The Costa Rica international scored four times for Arsenal in 30 appearances last season and impressed with his performances on a number of occasions.
The 24-year-old had previously struggled for first team minutes for the Gunners since joining the club in 2011 and has already had loan spells with Lorient, Real Betis, Olympiakos and Villareal.
Despite seemingly breaking through to the first team picture last year, Campbell failed to make either squad for the opening Premier League fixtures and his move to Portugal surely now signals he has no long-term future in north London.
Sporting are in the Champions League group stages which was a draw for Campbell while they are also expected to challenge for the Portuguese League title this campaign, having finished second last year.
Arsenal fans meanwhile will hope that Campbell's move is in part to free-up room to accommodate new signings.
Arsene Wenger has come under increasing criticism for having only signed Granit Xhaka and Rob Holding this transfer window, with many smaller clubs such as Crystal Palace and Watford have spent substantially more on new recruits.
“Why do you say I am reluctant [to spend money]? I don’t understand that,” Wenger said. “ If we find players who can strengthen our team we are not reluctant. I would spend £300m if I find the right player and I have £300m.
“Unfortunately, nobody speaks about the performance of Rob Holding [in the 0-0 draw at Leicester City]. You should be happy – he is English, he is 20. But I am sorry he didn’t cost £55m so he cannot be good. He had an outstanding performance for a young boy who has never played in the Premier League up against a great player.
"We don’t talk about the players any more. We speak about anything else than football.”