The Nigeria international was a key target for Marco Silva this summer, the boss claimed, and the midfielder subsequently agreed a five-year deal at Everton.
“I spoke to the manager and Marcel and they almost lured me in,” Iwobi told Everton's official website.
“The offer was too attractive for me to turn down. The manager was telling me, ‘There is a spot for you, we will take care of you’. Basically, all the things you want to hear as a player.
“I always had that youngster tag at Arsenal, so hopefully with this move I am able to make a name for myself in the Premier League and create history with Everton.
“It is exciting times for Everton. I was able to look at the transfers and players they have brought in – some great talent.
Everton news: Alex Iwobi reveals reason behind Arsenal transfer on deadline day (Image: GETTY Images)
“It is not just me. There were quality players here before [the summer] and they are still here.
“The manager has worked with Richarlison for a long while and made a name for him.
“Hopefully he can do the same for not just me but Moise Kean and a few others who came in, too.”
Iwobi wasn’t included in the Toffees’ match-day squad for their opening Premier League fixture against Crystal Palace last weekend.
Everton made the long trip down to Selhurst Park, but the match finished 0-0, with Morgan Schneiderlin receiving a red card.
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