An update has emerged on Arsenal and their pursuit of talented youngster Mykhailo Mudryk during the January transfer window...

What's the talk?

According to BBC Sport, the Gunners remain locked in talks with Shakhtar Donetsk over a potential deal to sign the electric winger before the end of the month.

The report claims that the gem has attracted the interest of a number of other clubs across Europe, who have not been named in the article, and that Arsenal are looking to sign him following the injury to Gabriel Jesus.

It has been reported, by calciomercato, that the Ukrainian side are demanding a mega transfer fee of €100m (£88m) to tempt them into cashing in on their star man.

Forget Joao Felix

The Athletic's David Ornstein claimed that Arsenal were "keen" on a deal to sign Joao Felix on loan from Atletico Madrid but Italian journalist Fabrizio Romano has confirmed that the Portuguese international is closing in on a move to Premier League rivals Chelsea.

He Tweeted: "Chelsea and Atlético Madrid are now completing final details of João Félix deal as Blues want to be fast and get it 100% sealed this week. #CFC Full agreement on personal terms as João has accepted Chelsea move — they will cover his full salary until June 30."

The Gunners must now completely forget about Felix and do all that they can to complete a swoop for Mudryk as the Ukraine international could be a better signing than the Atletico man would have been.

Firstly, the La Liga forward is going on a straight loan deal to Stamford Bridge and this suggests that he may have only been a short-term signing for Arsenal if they had won the race for his signature.

Whereas, bringing Mudryk, who journalist Hrach Khachatryan hailed as "spectacular", in on a permanent basis would be a long-term investment and potentially benefit Mikel Arteta over the course of a number of years, rather than just five months.

The 22-year-old's form for Shakhtar this season also indicates that he has the quality to come in and make an immediate impact in the Premier League.

He has produced ten goals and eight assists in 19 appearances for the club in the Ukrainian top-flight and Champions League combined, with three goals and two assists in six European outings.

Talent scout Jacek Kulig lauded the dynamo as "on fire" earlier this season and Mudryk's impressive statistics across multiple competitions suggest that it was an accurate comment.

Therefore, he could be a phenomenal signing for the Gunners and bringing him to The Emirates would allow Arteta and the supporters to forget all about Joao Felix.