Arsenal and Manchester United have finalised their swap deal for Alexis Sanchez and Henrikh Mkhitaryan.

The two Premier League clubs announced on Monday evening that both players had completed medicals and put pen-to-paper on contracts.



Sanchez has signed a three-year contract with Man United while Mkhitaryan has penned a four-year deal with Arsenal.

No money has changed hands between the two Premeir League rivals, with the deal a straight swap.