Arsenal transfer target Mykhailo Mudryk could move to Chelsea, journalist David Ornstein has admitted.

What's the word?

The Gunners are in hot pursuit of the Ukrainian, having bid twice for the winger, but Chelsea are now monitoring his situation and Ornstein has stated that they cannot be ruled out of the race.

Arsenal want to add attacking firepower to their ranks, as they sit eight points clear at the top of the league, and the 21-year-old could provide quality depth and competition to Gabriel Martinelli and Bukayo Saka.

Speaking on Sky Sports News (via Football Daily), Ornstein claimed that it will be a case of waiting to see where Mudryk ends up.

"They'll [Arsenal] look to do some business in the January market. They want a couple of players," he stated.

"It's been quite well-documented now, with Mudryk, Chelsea are monitoring the situation. I don't know if they'll beat Arsenal to him, let's wait and see. Mudryk has been quite clear in stating his desire to join."

A vital signing for Arsenal?

Although the reported price tag quoted by Shakhtar Donetsk for their prodigy is high, this is a signing that could help Arsenal win their first Premier League title since 2004.

The Gunners dropped their first points since October in a 0-0 draw with Newcastle, in a game where Mikel Arteta did not make any attacking substitutions.

Having a player with the quality of Mudryk to be able to replace Martinelli or Saka could gain them extra points in tough games, and they will need as much quality as possible to stay ahead of Manchester City.

If Chelsea significantly outbid the Gunners, then they may be faced with disappointment over the winger and may be forced to look elsewhere for reinforcements.