Valencia has announced the signing of Francis Coquelin from Arsenal. The midfielder has signed a four-and-a-half-year contract at Mestalla, including an €80million release clause.

Valencia is reported to have paid in the region of €13.5m for the 26-year-old.

"I'm very happy," Coquelin told the club's official TV channel. "It's a great challenge, the start of a new life for me, and I'm very excited about it."

Coquelin admits he spoke to Arsenal team-mates Shkodran Mustafi, Nacho Monreal, Hector Bellerin and Santi Cazorla about life at Mestalla before making the move.

"They all told me that Valencia is a great city and the club is big, so I'm very grateful to be here," he said.

"I've watched the last few games since talks between the clubs have been accelerating, like the last one against Las Palmas in the Copa del Rey. I think the players are doing a great job. I'm obviously here to help the team achieve their objectives."

Read: Wenger confirms Coquelin move to Valencia

Arsenal manager Arsene Wenger revealed on Wednesday that a deal was likely to be concluded, with Coquelin having grown frustrated by his lack of game time.

"He goes to Valencia, he didn't get enough games," Wenger said following his side's 0-0 EFL Cup semi-final draw with Chelsea. "I let him go."

Coquelin has only made one start in the Premier League this season.