Arsenal are set to seal a £65.5m deal to bring Mykhaylo Mudryk to The Emirates in the January transfer window.

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That's according to reports from Spain (via Hrach Khachatryan), Arsenal will pay FC Shakhtar Donetsk a figure totalling €75m (£65.5m) - €65m (£56.8m) up front and €10m (£8.7m) - in order to sign the 21-year-old winger this winter, making the Ukraine international the second most expensive signing in the Gunners' history.

In his tweet, the Armenian journalist said: "Arsenal will pay €65m plus add-ons (€10m) for Mykhaylo Mudryk. The Ukrainian will become the second most expensive player Arsenal have ever bought."

The initial report states a deal could be officially announced in 2023.

Frightening signing

Considering just how deadly Arsenal have been going forwards already this season - with the Gunners currently boasting the second-best attacking record in the Premier League - the signing of a forward as talented as Mudryk in January will undoubtedly be an extremely frightening prospect for the rest of the English top tier.

Indeed, over his ten Premier Liga appearances so far in 2022/23, the £13m-rated talent has been in sensational attacking form, having already bagged five goals and provided his teammates with a further six assists - averaging a direct goal involvement every 67 minutes of football played.

The 21-year-old was also devastating over his six Champions League appearances this season, scoring three goals, registering two assists and creating one big chance for his teammates, in addition to taking an average of 1.5 shots, making 0.8 key passes and completing 1.7 dribbles per game.

In total, over his 16 appearances in all competitions, the player who Jack Collins labelled "undefendable" and Josh Bunting dubbed "frightening" has scored eight goals and provided eight assists - meaning that the 21-year-old has been directly involved in a goal every 78 minutes of football played in the current campaign.

As such, it is clear to see that the addition of the Ukrainian sensation to the likes of Martin Ødegaard - six goals and two assists - Gabriel Martinelli - five goals and two assists - Gabriel Jesus - five goals and seven assists - and Bukayo Saka - five goals and two assists - in the Arsenal attack will undoubtedly provide Mikel Arteta's title hopes with a significant boost.

Indeed, should Mudryk be able to replicate his form for Shakhtar so far this season after an apparent £65.5m switch to The Emirates in January, the forward would not only appear to be a frightening addition to the north London side's attacking arsenal, but he could also be a signing that fires the Gunners to their first Premier League title since 2004.