Arsenal are apparently closing in on Borussia Dortmund’s Henrik Mkhitaryan for just £25m.

Amid the increase of rumours, I spoke to the owner of the Yellow Wall, a Dortmund blog, and he confirmed that there is the very real possibility that the midfielder will be allowed to leave. On last season’s form, he said, Mkhitaryan would be Arsenal’s best signing in years should it happen.

The player has one year left on his current deal and has rejected Dortmund’s attempts to get him to sign a new one. Reports claim he wants a release clause inserted but after losing a number of top players for free, the Germans are naturally reluctant.

They are also aware that losing Mkhitaryan in the same summer that they also lost Hummels and Gundogan would not be a good thing at all and while reports on Tuesday claimed that they had put him up for sale, The Yellow Wall said there is still an outside chance he will sign a new deal with them or that they will force him to see out his contract (and lose him on a free which seems odd given the whole release clause thing).

Reports around covering Arsenal’s bid offer little in the way of detail and I’d usually dismiss this sort of rumour out of hand, but having spoken to someone close to Dortmund, we might just be in for a nice surprise this summer.

Presuming we don’t Arsenal it up, obviously.