Mkhitaryan was one of Brendan Rodgers top targets this summer.
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Liverpool have lost out to Borussia Dortmund in the race to sign Shakhtar Donetsk midfielder Henrikh Mkhitaryan, BBC Sport reports.
The midfielder was one of Liverpool’s top targets this summer, with manager Brendan Rodgers desperate to sign the highly rated Armenian midfielder.
However, the Reds were told on Friday that Shakhtar have done a deal with Dortmund and Mkhitaryan will be moving to the Champions League finalists this summer.
It is understood that Liverpool were quite willing to accept the Russian clubs asking price of £21.5 million but they never actually got an opportunity to speak to the player.
Mkhitaryan will now move to Germany and Dortmund will see the midfielder as the perfect replacement for Mario Gotze, who left Dortmund for Bayern Munich in May.
Brendan Rodgers will now have to look elsewhere for a quality midfielder but will be generally happy at his transfer dealings so far this summer, having signed Kolo Toure from Manchester City, Luis Alberto from Sevilla, Iago Aspas from Celta Vigo and Simon Mignolet from Sunderland.
The Reds are also interested in Aston Villa striker Christan Benteke and could see the Belgian as a replacement for Luis Suarez, who could leave Anfield for Real Madrid.