Alex Iwobi has become Nigeria’s most expensive signing ever following his 38 million pounds transfer from Arsenal to Everton.
The previous record was held by striker Kelechi Iheanacho, when he moved from Manchester City to Leicester City for 25 million pounds.
Odion Ighalo he cost Chinese club Changchun Yatai 20 million pounds when he moved from Premier League club Watford.
Ahmed Musa’s move from Leicester City to Al Nassr of Saudi Arabia was also put at around the 20 million pounds region.
Iwobi’s initial transfer fee has been put at 28 million pounds and this will rise to 38 million pounds with add-ons.
Iwobi came through the ranks at ‘The Gunners’, scoring 15 goals in 149 games.
The Super Eagles forward is Marco Silva’s seventh summer signing.
“Alex was one of our main targets for this window and I believe he is a fantastic signing. He is a direct and skilful winger and attacking midfielder who always works very hard,” the Everton manager said.
“He is still young but already with a lot of top-level experience – 100 Premier League matches, more in Europe and many international games.
“Alex fits exactly the profile of player I want. He is hungry to join Everton and take the next step in his career, to help us compete with the strongest teams in the league and reach his potential at our club.”
There was increased competition for Iwobi’s position at Arsenal following the arrival of Nicolas Pepe from Lille for a club record £72m.