Mexican club Guadalajara have confirmed that 16-year-old striker Carlos Vela is now an Arsenal player.
Vela scored five goals at the Under-17 World Championships
Vela's father Enrique told the Mexican media on Wednesday that his son was set to move to England and Guadalajara have now confirmed the deal.
"It's official. Carlos Vela now belongs to Arsenal," said a club statement.
Vela, who scored five goals to help Mexico win the Under-17 World Cup, is expected to cost Arsenal just over £2m and he will sign a five-year deal.
Under the terms of the deal, Vela would play for Spanish side Valencia until he is 18, when he becomes eligible for a work permit in the United Kingdom.
Guadalajara vice-president Nestor De La Torre said: "Arsenal told me that they were planning to loan him out to another team in order to develop before playing in the Premiership.
"The sporting rights of Vela will go to Arsenal for five years. If Arsenal decided to sell Carlos the first option would go to Chivas (Guadalajara)."
Vela will follow in the footsteps of leading international goalscorer Jared Borgetti, the first Mexican to play in England's Premiership, and who joined Bolton earlier this year.