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The Gunners drafted the Brazilian in on transfer deadline day after he was deemed surplus to requirements at Stamford Bridge, with Luiz penning a one-year deal.
His future going forward is very much up in the air at the moment, but The Athletic say the total cost of deal could be seriously hefty irrespective of whether Luiz signs an extension or not.
The initial transfer fee was £8 million, intermediaries involved in the deal collected a cool £6 million and the final £10 million comes from Luiz's salary.
#AFC ' It cost Arsenal up to £24m to sign David Luiz for one season.- The Chronicles of a Gooner (@chronicles_afc) May 31, 2020
£8m transfer fee, £6m to the intermediaries involved & the rest on the Brazilian's £10m a year salary :open_mouth:
Now we understand why the club are reluctant to extend his stay...
[Via The Athletic] pic.twitter.com/bawRzop8CM
It cost Arsenal up to £24m to sign David Luiz for one season.- afcstuff (@afcstuff) May 31, 2020
• £8m transfer fee to Chelsea
• £6m to intermediaries to fix everything up in the deal
• £10m on Luiz's yearly salary
[@amylawrence71; @TheAthleticUK] #afc pic.twitter.com/CIFLg34Ryd
It's said Arsenal are looking at offering him a new deal but on significantly reduced terms, though Luiz himself is keen on a romantic return to Benfica, where he spent four years before embarking on his first stint at Chelsea.
The 33-year old has confirmed he has held talks with the Lisbon club's club president Luís Filipe Vieira ahead of his Arsenal contract expiring.
"I already spoke with Vieira about the return,' Luiz told Portuguese newspaper Record.
"My dream is to end my career at Benfica. When, I don't know, but it will happen... it will, if President Vieira allows me and if the fans want me to come back. It will be one of the most beautiful moments of my career."