Shakhtar Donetsk chief executive Sergei Palkin said Arsenal had been in contact with Mykhaylo Mudryk for a month and a half before they approached his club.
The 22-year-old completed a move to Chelsea on Sunday, with the Blues able to complete a deal that could reach £89million (four billion UAH) from under the noses of Arsenal.
Palkin explained he had met officials from the Gunners "three times", but Chelsea were ultimately the only club that met the financial demands of the Ukrainian side.
Speaking to The Athletic, Palkin said: "Before Chelsea arrived, I did not know they were close, because I communicated with Arsenal in the same way as I had with Chelsea... I met Arsenal more times than Chelsea.
"Therefore, before this last meeting, Arsenal was close, or a little bit closer to this deal than Chelsea."
He spoke of Arsenal's lengthy attempts to convince the player, adding: "From my point of view, [this] is why everybody talked about Arsenal. It is because Arsenal contacted the player almost one and a half months before they contacted us.
"Can you imagine, for example, to have [Arsenal manager] Mikel Arteta, [Arsenal left-back and Ukraine international] Oleksandr Zinchenko and the sporting director [Edu] calling you, to have Arsenal calling you almost every day, every two days, every three days?
"If you talk about Chelsea, they called me at the end of December and asked if they can contact Mudryk because they are interested in him and want to talk with him. I said, 'No problem, you can contact him'.
"The first time they contacted him was around the end of December or the start of January. They contacted the player and the agent of the player and they met the financial conditions.
"Why did many people around it have the impression that Mudryk was going to Arsenal? It is because Arsenal contacted him [first] and then Mudryk started to watch some games of Arsenal.
"But negotiations are negotiations. When you didn't close everything, when you did not [close] the last dot, then you cannot finish the deal. It was just an outside visual impression that Mudryk [was] close to Arsenal."
Palkin also confirmed Arsenal had also been willing to offer an overall figure of £89m, but that their final bid only included £62m up front, with £27m in add-ons.
"When we met Chelsea, we stayed all together," he added. "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."
'He's just top level' – Havertz lauds new Bayern boss Tuchel
Kai Havertz hailed the impact Thomas Tuchel had on his career, with the new Bayern Munich boss having coached the Germany international at Chelsea.
Tuchel, who was announced as Bayern's coach following the shock sacking of Julian Nagelsmann last week, took charge of the Blues between January 2021 and September last year.
The German guided Chelsea to Champions League glory in 2021, with Havertz scoring the first-half winner in a 1-0 victory over fellow Premier League side Manchester City.
Speaking to The Guardian on Tuchel's influence, he said: "Tuchel gave me a different idea of football.
"Every detail counts, every centimetre, how you touch the ball, how you control, where you pass, which foot, movement, creating spaces: he's just top level.
"To come and win the Champions League in six months says it all.
"My brother and I used to watch every Champions League game and to hold the trophy with your family on the pitch was such a relief.
"I scored this goal, I can be happy. I made my childhood dream come true."
Chelsea remain in this year's competition after overturning a 1-0 first-leg deficit to Borussia Dortmund with a 2-0 home win at Stamford Bridge.
Havertz scored the crucial second goal from the penalty spot and his side now face reigning champions Real Madrid in the quarter-finals.
"The ambition is still there," Havertz said about Chelsea's Champions League aspirations this campaign.
"In the league, we are not very good and we feel for the fans but against Dortmund, the atmosphere was the best I have seen. You feel the excitement.
"The Premier League is big and winning it may be even more difficult but the Champions League is different. Hearing that anthem, playing at night, it's special."
Despite progress in the Champions League, Tuchel's successor Graham Potter sees his side sit tenth in the Premier League and 11 points off a top-four position heading into the final stage of the season.
Regardless of the pressure on Potter and the new singings brought in as part of an ambitious January spending spree, Havertz believes all of them will thrive at the club given time to develop.
"Potter is very good for Chelsea even though he gets criticism; in the changing room, everyone knows his qualities.
"Enzo [Fernandez] and [Mykhaylo] Mudryk have come for a lot of money and they're only 22, you know? You cannot expect them to be Neymar straight away. It's like me: it takes time."
Ten Hag pays tribute Ferguson for defining Man Utd ethos after HOF induction
Erik ten Hag hailed Alex Ferguson as the defining personality in Manchester United's recent history following his induction into the Premier League Hall of Fame.
The league confirmed on Wednesday that Ferguson and his former rival Arsene Wenger are the first two inductees of 2023.
During a remarkable 27-year managerial stint at Old Trafford, Ferguson took standards to an altogether different level and he arguably remains the benchmark.
He took charge in 1986, six years before the foundation of the Premier League, and went on to win the competition 13 times – that is nine more than any other coach or manager.
United are waiting for their first Premier League title since Ferguson's retirement in 2013, and Ferguson's legacy still lauds over every manager who arrives at the club.
Ten Hag is the latest to try his luck and recognises the influence held by Ferguson, which is acting as a guide for the Dutchman as he looks to bring the glory days back to Old Trafford.
"You feel it every day because he left a legacy and Manchester United is Alex Ferguson," Ten Hag told the Premier League.
"He set the highest standards, the highest values, and brought the winning attitude. He built that in the club… and that is the standard that you must face if you want to play for Manchester United or work for Manchester United.
"First of all, he knew when to rebuild and reconstruct a new team because he did it over two decades and every time he was successful. He did it with a balance of homegrown players and bringing big stars in.
"He got the best out of it, like working with Eric Cantona, working with [Ruud] van Nistelrooy, [Robin] van Persie, Wayne Rooney.
"That is huge if you are able to handle those personalities, but also to let them play as a team. That was always one of his most important qualities – that the team is always above any individual. It's difficult to construct one winning team. He did it so many times!”
Ten Hag was spotted having dinner with Ferguson in February before United played host to Barcelona in the Europa League.
At the time he spoke of how "committed" Ferguson still was to the club with his desire to help those who came after him.
Now, he is hoping to make such meetings more of a regular occurrence, such is Ferguson's wealth of experience.
"His experience is huge, so with all the knowledge he can help you with, he can," Ten Hag added.
"I'm really pleased that he wants to share his knowledge with me. It's great to talk and learn from him, and I hope we can do it more often."
Rumour Has It: Man Utd sanction £80m move for Kane to get the jump on transfer rivals
Harry Kane's future at Tottenham remains in limbo, given his contract status and the departure of Antonio Conte.
The 29-year-old forward, who recently became Spurs' all-time leading scorer, is out of contract in 2024.
Kane has previously spoken about his desire to contend for silverware and almost joined Manchester City in 2021.
TOP STORY – MAN UTD SANCTION KANE MOVE
The Manchester United bosses have sanctioned a potential £80million deal for Tottenham striker Harry Kane, reports the Daily Star.
United are ready to ramp up their interest in the England captain, who has interest from Bayern Munich, Barcelona and Chelsea.
The report claims United hope to get the jump on their rivals and open up talks soon, with a view to having a deal agreed with Kane within weeks.
ROUND-UP
– The Times reports Bayern Munich want to sign Chelsea midfielder Mason Mount who previously worked with the German champions' new boss Thomas Tuchel.
– Arsenal are circling for Eintracht Frankfurt's Danish midfielder Jesper Lindstrom who may be available for €30m, reports Sport1.
– The Mirror claims Liverpool have joined the battle to sign Evan Ndicka from Eintracht Frankfurt as a free agent in the off-season.
– Barcelona may cash in on Samuel Umtiti's revival on loan at Lecce and look to recoup a transfer fee this off-season according to SPORT.
– Sky Italy claims former Real Madrid boss and France World Cup winner Zinedine Zidane is on Tottenham's shortlist to replace Conte, along with Mauricio Pochettino, Julian Nagelsmann and Luis Enrique.
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