Sergei Palkin explained that the club are willing to sell the highly rated Armenian for a fee of €30m but said he does not know where the player currently is.

With Mkhitaryan now all but certain to leave Shakhtar, who have won the Ukrainian Premier League for the past four seasons, Palkin also confirmed he had informed the midfielder's agent of the situation. 

He told Terrikon: "I don’t know where Mkhitaryan is, now; solely his agent knows this. Borussia offered $30 million for the midfielder. I contacted Mkhitaryan’s agent yesterday. I wrote to him about the official position of the club.

"We are prepared to sell Mkhitaryan for €30m; this offer stands for the next 10 days. If Mkhitaryan wishes to leave, they have to pay this amount for him."

Liverpool have been linked with a move for the player but Palkin confirmed recently that the English club "have not made an enquiry" for Mkhitaryan's services as far as he knew.

Mkhitaryan notched a Ukrainian Premier League record 25 goals in 28 appearances last season.