The 20-year-old French starlet has signed a four-year contract after an undisclosed transfer fee was agreed for his services.
Obertan becomes Sir Alex Ferguson's latest capture of the summer following the recent additions of Michael Owen and Antonio Valencia.
Ferguson has revealed United have been tracking Obertan for some time and that he is excited to finally bring the player to Old Trafford
"Gabriel is a player we have tracked for a few years now, but because of his educational programme our efforts to get him here have always been delayed," he told the club's official website.
Exciting prospect
"We are delighted to get him now as he is an exciting prospect. We like to get young players and develop them, and we will see that in Gabriel over the next two years."
Obertan has expressed his delight at joining the Premier League champions and he is already looking forward to impressing the club's legion of fans.
"I am very happy to join Manchester United," he told us. "This is a big opportunity for me to play at such a great club. I am very excited to be here and I look forward to proving what I can do."
United have confirmed Obertan is currently carrying a slight injury that will prevent him travelling on their pre-season tour of Asia.
Real Madrid director general Jorge Valdano has revealed that the club have not given up hope of signing Liverpool midfielder Xabi Alonso.
Valdano recently stated that the Reds' asking price for the midfielder was too high for the ambitious Primera Division club.
Real have already landed Kaka, Raul Albiol and Cristiano Ronaldo while Lyon's Karim Benzema is to be unveiled as a new addition on Thursday.
The Spanish giants remain in the hunt for Alonso but are unlikely to match a reported £35million-plus price tag.
Valdano told Radio Marca: "Everyone knows that Alonso is a player that we have always been interested in.
"He is someone that can organise and is in a phase of his career where he has matured.
"There was a rough figure put forward, but in recent days that has gone up and the price is now too high for our tastes and, therefore, we see the player further away now.
"But everything can be turned back around"
Zokora heading to Sevilla
Spurs agree fee with Spanish side for midfielder
Tottenham midfielder Didier Zokora is heading for Sevilla after the two clubs agreed a fee for the midfielder.
Ivory Coast international Zokora has been a long-term target for the Spanish side, but the two clubs were unable to settle on a sum for his services.
With an accord now reached, the 28-year is heading for the White Hart Lane exit after three years in North London.
A statement on Spurs' official website read: "We have reached agreement for the transfer of Didier Zokora to Sevilla.
"The Ivory Coast international joined us from St Etienne in July 2006 and went on to make 134 appearances for the club, including being part of the League Cup-winning side of 2008.
"We thank Didier for his contribution and wish him every success for the future."
Sevilla announced on their website that Zokora has signed a four-year contract.
Zokora said: "I am delighted to join an ambitious club and am looking forward to the Champions League.
"It is a great day for me. I have joined a very good team."
Bayern play down Lucio exit
Brazilian defender staying at the Allianz Arena
Bayern Munich have played down reports they have met with Manchester City to discuss a deal for Brazilian defender Lucio.
It had been suggested City dispatched a contingent to Germany recently to thrash out a deal for Lucio after missing out on John Terry.
However, Bayern say they have not met with any club regarding the 31-year-old former Bayer Leverkusen stopper.
No contact
Bayern spokesman Markus Horwick claims no clubs have been in touch regarding Lucio, who is currently away on holiday.
"Bayern have not met with anyone regarding Lucio, there is also no enquiry or phone call concerning a transfer bid," he told Deutsche Presseagentur.
"Lucio is actually on holiday and we hope he has a good time there before returning to pre-season training with us."
Barca could enter Ribery race
Barca could bid for Frenchman while Real concede defeat
Barcelona vice-president Jaume Ferrer insists the club will join the chase for Franck Ribery if manager Pep Guardiola wants to bring him to the club.
The winger has been linked with a move to rivals Real Madrid all summer and is said to be holding out for a move to the Bernabeu.
However Bayern Munich have been determined to keep hold of their star man throughout the saga and admitted that they rejected a bid from an unnamed club for the Frenchman on Wednesday.
Fans of the Catalan giants are said to be growing restless at the club's lack of transfer activity this summer but Ferrer insists that they will bid for any player who Guardiola feels will improve his treble-winning team.
"If he is the number one option then the club will try and sign him," he told RAC-1.
"I do not know though because this is something that the coaching staff decide, but if that is what they ask for then we will look to deal with it."
Just as Barca contemplate a bid for the 26-year-old it seems that Real have finally given up hope of landing the player, although director general Jorge Valdano refused to rule out a deal in the future.
"With Ribery there is a feeling that he will not leave this season," he told Radio Marca.
"Bayern Munich have found many ways to say no - sometimes exhaustively saying no and sometimes talking about 80million Euros, which is another way of saying no.
"Therefore, we are resigned to waiting for another opportunity to come. The player has two years to fulfil on his contract and, well, life is long."
Possible signing
Elsewhere, Ferrer hinted that a deal to lure Valencia striker David Villa to the club was still on the cards despite the fact the fact that the Spaniard looks odds-on to stay with Los Che.
The cash-strapped club were taken over by a consortium headed by former president Vicente Soriano last week with the group of investors set to wipe out the majority of the club's debt, meaning the sale of star players Villa and David Silva is no longer a necessity.
"He is a great player," Ferrer added. "But at the moment I am not sure who is in charge at Valencia.
"Txiki Begiristain (director of football) is dealing with negotiations and I am confident that everything will turn out the way that the club wants it to in the end.
"Things will be sorted out in the next few days or weeks."
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