Dortmund had seemed set to beat Liverpool in the race to sign the Armenian before this latest twist.
“Mkhitaryan? I have not talked to him”, Palkin told Football UA.
“Borussia offers us €25m for Mkhitaryan. For us, this amount is not enough and we are talking with the German club.”
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.