Aubameyang’s protracted transfer to Barcelona had to be completed after the winter transfer window slammed shut on Monday night.
The striker’s move to Barcelona was only made possible once Arsenal decided to terminate his contract and forego any potential transfer fee.
The Gabonese has signed a contract until 2025 with Barcelona and has agreed to pay a massive pay cut to join the Catalan giants.
But Arsenal had to take another financial hit to get rid of another one of their top-earning stars for the second year running.
The Gunners agreed to pay a lump sum of £7m to the forward before he say yes to terminating his contract.
Arsenal had to pay Mesut Ozil’s wages in January last year as well when the German left the club for a move to Turkey.
The north London club managed to offload his wages from their bill but had to pay a big sum to get rid of him.