Newcastle United are likely to miss out on Shakhtar Donetsk winger Mykhaylo Mudryk as Arsenal now close in on a £40m deal, according to The Mirror.
After months of rumours, the Gunners are set to win the race to sign the 21-year-old starlet.
Although the Magpies are the only other suitor named amongst a group of clubs across Europe, the Premier League leaders now have a deal in place for the Ukrainian.
Initially, it was said Shakhtar demanded nearly £90m for his signature.
However, it is now understood that they are willing to sanction a move for just £40m, plus potential add-ons.
Having publicly spoken about Arsenal, it seems Ukraine teammate Oleksandr Zinchenko has played a part in his decision.
This comes after previous reports that the Tyneside outfit were preparing a £50m offer to see off competition in the battle to sign Mudryk.
Arsenal beat Newcastle to Mudryk
This will come as extremely disappointing news to Toon fans.
Having exploded onto the scene in the Champions League this term, the attacker is one of the most exciting young talents in world football.
More impressively, having ranked in the top one percent for non-penalty goals scored and in the top three percent for assists made, the winger has amassed statistical comparisons to Napoli’s Piotr Zielinski and Arsenal’s very own Martin Odegaard.
Hailed by journalist Andy Brassell as an ‘absolutely outstanding’ player, it is no surprise to see a whole host of clubs lining up for the 21-year-old’s signature.
However, with the Gunners victorious in this pursuit, Newcastle will need to look elsewhere if they are to add another forward to Eddie Howe’s squad in January.