Arsenal have an agreement in principle with Mykhaylo Mudryk and they’re set to make a second bid to Shakhtar Donetsk for his signature.

Santi Aouna of FootMercato reports that Mykhaylo Mudryk has agreed in principle to join Arsenal, after speaking with Mikel Arteta.

The same outlet claim the Gunners have submitted a second bid to sign the player, having had their first offer of €40m, plus €25m in add-ons, turned down.

SportArena in Ukraine report that Mudryk has agreed to personal terms on a five-year deal with Arsenal, and that the Gunners have prepared a new offer for Shakhtar.

Meanwhile, in England, the Daily Mail reported on Saturday that Arsenal are set to make an improved bid for the player, but none of the English outlets have confirmed that they’ve done so yet.

Fabrizio Romano reports that there’s no doubt Mudryk would love a move to Arsenal, and he dreams of Premier League football, so there would be no problem with personal terms.

But Romano adds that Arsenal need to be fast to reach an agreement with Shakhtar, with talks ongoing.

Mudryk has hinted at his interest in an Arsenal move on a couple of occasions recently, posting pictures while he watched the games against West Ham United and Brighton and Hove Albion.

Shakhtar may reportedly accept an offer of €80-85m, so the difference in valuations compared to Arsenal’s opening bid is around €15-20m right now.

Currently on a winter break with Shakhtar, Mudryk has scored 10 goals and assisted eight in 18 appearances for Shakhtar Donetsk this season, including five goals and assists in his six Champions League appearances.