Pretty much, beggars can't be choosers though and like you said he's got to be better than Arteta in that position, even if he's not as good as Fellaini (could have signed Moutinho though earlier in the summer, would have been good too).
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Fellaini is not a DM. Gustavo is. and a good one at that. he would be the better signing
Who should I believe?
Fellaini himself who says he prefers playing DM or a 13 year old
It's a tough decision
Fellaini would be perfect for DM, big, tough, premier league toughened, good in the air. A dream DM.
after having a quick google search, it seems he spent most of his time playing as an attacking midfielder. even a second striker for a period of time. so you want somoene who doenst play as a defensive midfielder, over someone who is a defensive midfielder, to play defensive midfielder. right