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(Bloomberg) -- Fenerbahce announced it has agreed with Arsenal FC to sign Mesut Ozil, confirming speculation of the German soccer World Cup winner’s move to Istanbul from London.The Istanbul-based soccer club said it also has reached agreement with the player “in principle” for his transfer, according to a filing to the Istanbul stock exchange on Sunday.The 32-year-old attacking midfielder hasn’t been selected since March to play for Arsenal, where the German earned a reported 350,000 pounds ($479,000) a week. Ozil joined Arsenal from Real Madrid in 2013 for a then club record fee reported to be 42.5 million pounds. He scored 44 goals in 254 appearances, according to the club’s website, and his contract was due to end after the current season. He played 92 times for Germany and was a member of the country’s 2014 world champion team.Born in Gelsenkirchen, Germany, with Turkish roots, Ozil courted controversy when he met Turkish President Recep Tayyip Erdogan in May 2018, facing allegations that he allowed himself to be exploited for the good of Erdogan’s election campaign. Ozil denied this and said his encounter with the Turkish leader was a sign of respect. A few months later, he retired from international soccer, complaining of racist treatment from the German federation, fans and the media.Ozil married a former Turkish beauty queen in Istanbul in 2019, with Erdogan participating in the ceremony. He recently built a villa in Istanbul’s Uskudar district, where Erdogan also has a home, according to the Demiroren News Agency.Arsenal distanced itself from comments Ozil, a Muslim, made on Instagram in December 2019, criticizing China’s treatment of the Uighur population in Xinjiang, the Guardian reported at the time. The club sought to limit any damage caused to its business in China, where its commercial interests include a chain of restaurants, the newspaper said.Fenerbahce’s shares have risen 30% this year amid speculation of Ozil’s transfer.(Adds stock move this year in final paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

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Mesut Ozil has arrived in Istanbul, declaring that he is fit and ready to play for the Turkish club after a long hiatus.

'Dream come true,' says football star on transfer move as fans impatiently await conclusion of official process.

German Foreign Minister Heiko Maas tried his diplomatic best on Monday to sidestep the delicate issue of German international Mesut Ozil's high-profile transfer from Arsenal to Istanbul's Fenerbahce.

Mesut Ozil's seven-year stay at Arsenal is set to end after reports on Saturday claimed the former Germany attacker and the Gunners have reached an agreeme

Mesut Ozil is willing to give up a portion of the remainder of his pay with Arsenal FC to play for Fenerbahce, a report says.

Mesut Ozil's seven-year stay at Arsenal is set to end after reports on Saturday claimed the former Germany attacker and the Gunners have reached an agreement in principle to release him from his contract.

Mesut Ozil confirmed on Sunday that he was leaving Arsenal for Turkish team Fenerbahce after being frozen out for months at the Gunners.

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Mesut Ozil confirmed on Sunday that he was leaving Arsenal for Turkish team Fenerbahce after being frozen out for months at the Gunners."

Mesut Ozil confirmed on Sunday that he was leaving Arsenal for Turkish team Fenerbahce after being frozen out for months at the Gunners."

Mesut Ozil confirmed on Sunday that he was leaving Arsenal for Turkish team Fenerbahce after being frozen out for months at the Gunners."

Mesut Ozil confirmed on Sunday that he was leaving Arsenal for Turkish team Fenerbahce after being frozen out for months at the Gunners."I

Mesut Ozil has a verbal agreement with Arsenal to terminate his contract and will join Fenerbahce in the coming days, sources have told ESPN.

Mesut Ozil confirmed on Sunday that he was leaving Arsenal for Turkish team Fenerbahce after being frozen out for months at the Gunners."

It's only a matter of time before Mesut Ozil completed his transfer to Fenerbahce from Arsenal

Mesut Ozil confirmed on Sunday that he was leaving Arsenal for Turkish team Fenerbahce after being frozen out for months at the Gunners."

Arsenal and midfielder Mesut Ozil have reached an agreement in principle to terminate the German's contract six months before it expires so he can seal a move to Turkish club Fenerbahce, The Athletic reported https://theathletic.com/news/mesut-ozil-arsenal-transfer-football-soccer/AurZhJ7PCzav on Saturday.

Arsenal and midfielder Mesut Ozil have reached an agreement in principle to terminate the German's contract six months before it expires so he can seal a move to Turkish club Fenerbahce, The Athletic reported https://theathletic.com/news/mesut-ozil-arsenal-transfer-football-soccer/AurZhJ7PCzav on Saturday.

Mesut Ozil's seven-year stay at Arsenal is set to end after reports on Saturday claimed the former Germany attacker and the Gunners have reached an agreement in principle to release him from his contract.

Fenerbahce may be closing in on a Mesut Ozil arrival, something that would allow the German to fulfill a childhood dream.

Arsenal midfielder Mesut Ozil has been strongly linked with Fenerbahce and his agent is hopeful a transfer will soon go through.

Fenerbahce manager Erol Bulut has delivered a Mesut Ozil statement.