Arsenal are close to reaching an agreement with Shakhtar Donetsk for , according to reports in .
The Gunners have already submitted two offers to sign Mudryk this month, with their opening bid of £35.5 million, plus a further £17.7m in add-ons, rejected by Shakhtar.
Arsenal have continued negotiations but the Premier League leaders are now facing competition from , who hosted Shakhtar director Darijo Srna at Stamford Bridge last week.
However, according to Ukrainian outlet , Arsenal are now ‘close’ to a complete agreement with Shakhtar regarding a base payment and bonuses for Mudryk.
The report claims that Arsenal want the add-ons to make up 30 per cent of the total deal, but Shakhtar are demanding that the bonus structure is worth around 20%.
Shakhtar have been adamant that they are using Manchester United’s £85m deal for Antony last summer as a benchmark for Mudryk’s valuation.
It’s understood that Mudryk has already agreed personal terms with Arsenal .
Meanwhile, Mudryk has also distanced himself from a fake Instagram message which circulated on social media over the weekend.
In the message, a user asks Mudryk if he is joining Chelsea, to which the 21-year-old replied ‘no’ alongside a smiling face emoji and two hearts in the red and white colours of Arsenal.
According to Ukrainian site , Mudryk has denied the veracity of the Instagram screenshot.
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