
The 23-year-old Brazilian is the subject of a deal that will include a payment of £12m and wantaway midfielder Denilson in part-exchange.
But Arsenal have told the Ukrainian Premier League champions they must reply to their offer before the weekend if they want to conclude the deal.
Barcelona and Chelsea have also made enquiries about the former Corinthians star but the Gunners are at the head of the queue after forging a relationship with the Shakhtar when the sold them Eduardo in 2010.
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