Borussia Dortmund look set to sign the midfielder from Shakhtar Donetsk.
Liverpool and Tottenham target Henrikh Mkhitaryan looks set to join Champions League runners-up Borussia Dortmund, disappointing both of the English clubs, the Independent understands.
Both clubs made attempts to sign the Armenian play-maker, especially Liverpool, who were reportedly close to signing Mkhitaryan last week.
However, it seems that Borussia Dortmund have managed to agree a fee with Shakhtar and will now discuss personal terms with the midfielder.
This will disappoint Liverpool, who saw Mkhitaryan as one of their top targets for the summer and were prepared to pay around £20 million for him.
Shakhtar however, were determined that the midfielder wasn’t going to leave for anything less than £25 million, a fee that Dortmund can pay due to the fact they are in the Champions League next season and they have money to spend following the £31 million sale of Mario Gotze.
Mkhitaryan missed Shakhtar’s pre-season training camp in Austria, meaning the Russian club were always likely to sell the midfielder this summer.
While Liverpool will have to look elsewhere, Tottenham look to have already signed a midfielder this summer in the form of Brazilian Paulinho.
Spurs recently agreed a £17 million fee with Corinthians and the player will have a medical after the Confederations Cup final tomorrow.