Shakhtar Donetsk CEO Sergei Palkin has revealed both Chelsea and Arsenal offered €100million for the transfer of Mykhailo Mudryk.

Palkin revealed Shakhtar Donetsk accepted Chelsea’s offer and rejected Arsenal’s offer because Arsenal’s add-ons weren’t realistic and achievable.

Palkin told The Athletic: “Overall, it was the same. Not approximately the same — it was the same figure. The fixed part, variable part, bonuses. But if you look inside the fixed part and bonuses, it was completely different.”

He added: “Different time (schedule) of the payments, different kinds of bonuses. Yes, we can talk about bonuses, but these bonuses should be somehow achievable and realistic, let’s say.

“Therefore, in this case, Chelsea was much more serious and fair in some points. When we met Chelsea, we stayed all together. For you to understand the context, it was for nine or 10 hours.

“They invited the player and explained to us the whole project. We realised that, yes, if you look right now, Chelsea have some kinds of problems but it is normal because they have a transition period from one owner to another. It is understandable. They would like to change a lot.

“So when they explain to you the whole story and you look for the next two, three, four, five years, then you see they have a serious project.

“I believe they will build one of the best clubs in the world because I am telling you, they are very serious in all directions: sports science, the stadium side, the commercial side, on all things. For us, they looked very ambitious.”

Palkin also added that while Chelsea’s add-ons included winning the Premier League or Champions League, Arsenal’s add-ons included Mudryk winning the Ballon d’Or.