Theo Walcott has returned to Southampton after signing on a season-long loan deal from Everton.
It's thought that the two clubs will split the 31-year-old's wages, while Walcott will not pick up certain bonus payments from the Toffees in order to secure the move.
Nearly 15 years after Walcott left St Mary's as a teenager, he will return to the club where he made his debut aged just 16 years and 143 days back in August 2005.
Arsenal signed Walcott in January 2006 and he went on to score 108 goals in 397 games for the Gunners over 12 years, while earning 47 caps for England.
He's now swapping Carlo Ancelotti's side for Ralph Hasenhuttl's outfit as he looks to play more regular football.
Walcott said: “I had a few opportunities from other clubs, but as soon as Southampton came in for me, it’s part of me and has made me into the player I am. It’s in my heart.
“I will probably cry, I bet, when I first play, and it means so much. All the people that made it happen, I can’t thank them enough. Honestly, I’m so pleased.
“I was seriously lost for words when Southampton came on the table, and for me it was such an easy decision.
“To get the chance to work with the manager as well and these young players that are coming through, I feel like I’ve made the right choice.”
Ralph Hasenhüttl said: “There is a lot of history between this club and Theo, so I know how special this will be for him and for our supporters.
“But what is most important to me is that we have signed a player who can help our squad and give us another strong option in our attack.
“Theo is someone who has all the qualities to fit well into our team and our style of play, and I know from speaking to him that he understands what we want and that he is excited to be a part of what we are doing here.
“His experience and influence will also be important for our young players. The idea is not to block their development, but for this to make it faster. From this professional they can learn and grow as players for the future of our club.”
