Fiorentina have confirmed they have reached an agreement with Manchester City for the sale of one-time Arsenal target Stevan Jovetic.

The Montenegro international was heavily linked with a move to the Emirates at the start of the summer, with some reports suggesting we were close to sealing a £25m deal back in early June.

However, a move failed to materialise and Arsene Wenger has since switched his focus to other targets such as Gonzalo Higuain, Wayne Rooney and more recently Luis Suarez.

Manchester City have now swooped in an continued their spending spree, with Fiorentina confirming today on their official Twitter account @ACF_Fiorentina that a deal has now been agreed between the two clubs that will see Jovetic move to the Etihad this summer:

Raggiunto l'accordo con il Manchester City Football Club per la cessione a titolo definitivo del calciatore Stevan Jovetic. — ACF Fiorentina (@ACF_Fiorentina) July 18, 2013

Which loosely translated means “An agreement has been reached with Manchester City Football Club for the permanent sale of the player Stevan Jovetic.”

The Serie A outfit didn’t reveal the precise details but the Daily Mail claim City will pay £23m up front and a further £5m in add-ons, making the deal worth a total of £28m.

So another potential striking target has gone. While I was never really too fussed about us signing Jovetic as I thought there were better options out there, the longer Arsenal go without signing a new striker (or any player for that matter), the more potential targets are going to get snapped up.

It looks like we may have a passing interest in Wayne Rooney but all the signs are he’ll be off to Chelsea if he does leave United. That will leave us fighting to sign one of Suarez or Higuain, unless Arsene is targetting another top-drawer striker we don’t know about yet.

Higuain was another that appeared nailed on until Madrid upped the price, with reports today claiming they’re looking for £37m. There’s no chance we’ll pay that, but it seems we’ve got competition with both Chelsea and Napoli understood to be interested.

We’ve had a bid turned down for Suarez but it looks as though Liverpool are going to make our lives difficult and I really don’t think we should be putting all our eggs in one basket and hoping we can persuade the Merseysiders into selling to us. We’re probably the last team they’d want to sell him to, if they have any aspirations of breaking into the top four, so I still can’t see a deal being done this summer. Plus Real Madrid are lurking and they will no doubt be Suarez’s first choice.

So understandably, many Arsenal fans are beginning to get a little concerned at the lack of activity. Its’ not panic stations just yet, there’s still plenty of time left and I’m still backing the club to come through and sign the players we need. However, if Higuain signs for Napoli any time soon then I’ll start to worry, BIG TIME.

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