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Arsenal agree to cancel Mkhitaryan contract

Earlier this week it was reported that Arsenal had agreed with Roma to extend the loan of Armenian midfielder Henrikh Mkhitaryan until the end of the Italian league season, with suggestions that an agreement may be in place for the next campaign as well.

Now though have come reports that the Gunners have agreed to cancel his contract altogether, allowing him to make the move to the Italian side permanent.

Question marks may not be raised over the Gunners transfer strategy, given that they turned down an offer of £10 million from the Serie A side in January for the 31-year old.

However, it does mean that they get his £190,000 a week wages off their books, which, given their financial struggles, will be a boost to the bottom-line.

If the news is true it brings down the curtain on Mkhitaryan’s unhappy career as an Arsenal player. Arriving as part of the swap deal that took Alexis Sanchez to Manchester United, he failed to settle or make any meaningful impact in North London and was surplus to requirements once Mikel Arteta took charge.

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