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The France international is said to have cost £34 million up front, something many are calling a bargain given his trophy cabinet.
Meanwhile, the Gunners are close to sealing a deal for Brighton defender Ben White who will set them back £50 million.
It has naturally seen United fans claim they've gotten the better end of the bargain - but Arsenal fans aren't too sure.
White is 23-year-olds, five years younger than Varane, and made his England debut earlier this year, with supporters convinced it'll be the better business.
Ben White will turn out to be a better investment than Raphaël Varane.
- Eduardo Hagn (@EduardoHagn) July 26, 2021
Last season was his first full one in the Premier League and he helped Leeds United get promoted from the Championship in 2020.
Varane has spent the last decade with Madrid and won four Champions League titles as well as La Liga three times.
Both men will help out their respective sides massively given their league positions.
United finished second behind Manchester City and are desperate to close the gap on their rivals.
In Arsenal's case, Mikel Arteta is hoping to rebuild his side after a disappointing eighth place finish.
Fans have reacted to the tweet and they're divided on it.
One commented: "Yet Arsenal fans say everyone talks about them for no reason."
Another added: "100% not even joking. White is 23 and has got 10 years or more at the top level left. Varane is nearly 30 and will probably leave United in 3 years time."
Someone else said: "Better investment for mid table finishes yes."
While another put: "Where do these Arsenal fans get their confidence? I thought finishing 8th two seasons in a row would humble them but nah, always delusional."
White is set to be Arsenal's third buy of the summer, with Nuno Tavares and Albert Sambi Lokonga already arriving.
Varane would be United's third signing of the transfer window after Jadon Sancho and Tom Heaton.
Who do you think will end up being the better signing? Ben White or Raphael Varane?
Featured Image Credit: PA Images
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