British media stated that the 23-year-old had been offered a four-year deal for an initial fee of 24 million pounds.
The ex-England Under-21 international was a main target for the Arsenal boss Mikel Arteta but the London club was primarily put off by Sheffield United’s expensive asking price, reportedly worth 40 million pounds.
“The club turned down a number of bids from Arsenal and expressed a desire to keep Ramsdale at Bramall Lane for the long-term. However, discussions earlier this week with the player and his representatives highlighted his desire to further his career away from S2,” Sheffield United said in a statement.
“In addition, Arsenal returned with another improved, head-turning bid. It was felt the best decision was to accept a club record,” the statement added.
Ramsdale, who joined Sheffield United from Bournemouth in August 2020, played all 38 games in the league last season, keeping five clean sheets.
He was named Bramall Lane’s Player of the Year but could not prevent the club from being relegated.
Arsenal collapsed to an eighth-place finish in the Premier League in 2020-21 and alarm bells have already started ringing after losing to the newly-promoted Brentford on the first day of the season this time around.
However, the Gunners have heavily invested in new talents and will look forward to a recovery in fortunes.
Ramsdale will join Nuno Tavares, Albert Sambi Lokonga, Ben White, and Martin Odegaard at the Emirates Stadium, and Arteta.
“Aaron is a really, really talented young goalkeeper with already huge experience and an international for England, and he’s going to bring competition, which is what we want, to create healthy competition, quality competition in every position,” said Arteta. “We needed a goalkeeper there and he’s the ideal option,” the manager remarked earlier this week.
“Give him some time. I think they’re [Arsenal fans] going to love his personality, his character, the quality that he has as a goalkeeper, and what he’s going to offer. I think he’s a young goalkeeper, but he has got huge huge potential.”